We recently published 8 Stocks on Jim Cramer’s Radar. NVIDIA Corporation is one of the stocks Jim Cramer recently discussed.
NVIDIA Corporation is one of the most frequently discussed stocks by Jim Cramer, which is unsurprising given that it is the most valuable company in the world and the backbone of the current AI demand surge. Cramer has continued to dismiss negativity surrounding NVIDIA Corporation and asserted that the firm is ushering in a new industrial revolution. He has also repeatedly asserted that the firm’s AI GPUs are superior to products offered by AMD and Broadcom. This time, he discussed the general sentiment surrounding NVIDIA Corporation and the firm’s relationship with EDA firm Synopsys:
“And of course, NVIDIA. . .but NVIDIA is one of those stocks that has gone so out of favor, that literally, there are people who are afraid to take it up.
“Remember the uh, what was that Wednesday when the best days of NVIDIA were behind them? I heard that from a series of analysts, best day behind them. You actually heard that. That’s like Apple three hundred points, the best days are behind them.
“And that had been a, that had been a clockwork stock, Carl, you just knew you could buy Synopsys. These guys have a big relationship with NVIDIA. I thought NVIDIA would be held back, by Synopsys.”
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This article is originally published at Insider Monkey.
