We recently published a list of Jim Cramer Says I’m With Trump & Discusses These 12 Stocks. In this article, we are going to take a look at where NVIDIA Corporation (NASDAQ:NVDA) stands against other stocks that Jim Cramer discusses.

In a recent appearance on CNBC’s Squawk on the Street, Jim Cramer commented that President Trump might be lenient towards major American companies when it came to tariffs. Tariffs on foreign manufactured goods threaten American firms as well since their operations are located overseas. “I think the President is being a little more responsive to great American companies,” he said. Among these companies, Cramer wondered why should the firm that sells the iPhone have to pay considering that it is investing millions in US jobs.

Another hot topic currently in the technology and semiconductor industry is AI chip sanctions. These rules prevent AI GPUs from being sold unrestricted to most countries in the world. Commenting on the rules, Cramer commented:

“And by the way the big thing that’s on the table is the diffusion, is this ridiculous stuff that Biden put through. In the last week on Saturday night. A Saturday night special, we should call that.”

He went on to add that he hoped that the rules were reversed because “it was so selective what countries they picked that could get, the 18 countries. It made no sense.”

As for the tariffs, Cramer hasn’t held back in supporting Trump but maintained that the President should consider a lighter approach in his announcements. He kept the view this time around as he remarked:

“I’m going with the Trump view. And I think the President’s going to be very level headed about the companies, and countries, that play ball. I mean, you know you think I mean, Hyundai I had to that. Korea’s gotten a free ride. I’m waiting for when Mercedes, Volkswagen, and Beamer have to pay the price. Because they’ve had a real free ride in our country.”

“David, we’re a free trader. And everyone has abused us,” Cramer remarked to co-host David Faber.

Our Methodology

To make our list of the stocks that Jim Cramer talked about, we listed down the stocks he mentioned during CNBC’s Squawk on the Street aired on March 25th.

For these stocks, we also mentioned the number of hedge fund investors. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).

NVIDIA Corporation (NASDAQ:NVDA)

Number of Hedge Fund Holders In Q4 2024: 223

NVIDIA Corporation (NASDAQ:NVDA) is the ill-fated AI GPU stock whose fall from grace reflects Wall Street’s growing uncertainty about AI and the economy. Despite a strong 2024, the stock is down by 20% year-to-date as it fails to respond to multiple potential catalysts such as a GTC conference that hinted at trillions of dollars of addressable markets. Cramer believes that the market is wrong about NVIDIA Corporation (NASDAQ:NVDA). Here is what he said:

“One of the things I talked about with a bunch of people from NVIDIA is, because they have these 2x inverse, and because you can do zero day options. . .that they can push anything down. And it’s instant rapid fire. It is almost as if, when they came up with the Gatling Gun in the Civil War, where everyone’s doing single musket, and then the Gatling Gun. . . I mean like when they realized the war would not be over in six weeks. . . These guys are machine guns, and there’s no defense. NVIDIA has no defense against the machine guns.”

“[on whether the shares were vulnerable] Absolutely. Because they want it down. Now you’d say well that’s a grand conspiracy. No, I actually talked with one of the firms. And you know, it’s, every man for himself. And NVIDIA is vulnerable to that nonsense. Versus real buyers who could come in and say I can’t believe I got this bargain because they’re trying to break it with a death cross. You know and that’s the 50-day going under the two hundred day.”

“Here’s what I’m doing, I’m presenting a case where ignorant people. . .are doing things to the stock that no one every believed could have happened. Because of the, when the SEC, even the old SEC, allowed a 2x inverse. That presents a tremendous amount of power against the stock. And the, bless these zero-day options, and that is, just a nightmare for a stock. . .like they came in this morning, 3:30 they were doing, 3:30, I mean. . .3:30 I have to get up to see these clowns? 3:30, they’re using a, you know, I don’t know, a . . .rocket. I don’t know what they’re doing.”

“I’m saying that it’s very, that this stock is vulnerable to what they want. And is it being manipulated? No, the SEC blessed this. I just want people to know, that the reason why it went down this morning, was that they, you take the Joe Tsai, and then they were coming in and they were using heat seeking missiles. . . they were doing everything they can. . .”

Overall, NVDA ranks 2nd on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of NVDA as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than NVDA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. This article is originally published at Insider Monkey.