NVIDIA Corporation (NASDAQ:NVDA) was recently highlighted in a segment on Mad Money with Jim Cramer. During the show, Cramer discussed the impact of President Trump’s recent actions on the company’s stock.
Cramer pointed out that while Trump’s policies initially forced NVIDIA to take a $5.5 billion charge for chips it could no longer sell to China, the President’s pivot has actually been beneficial for the company. Trump’s efforts to help NVIDIA secure deals with major clients in the Gulf monarchies have led to a significant turnaround for the stock. Cramer enthusiastically recommended buying NVIDIA stock, citing its “historic comeback.”
NVIDIA is a leading technology company known for its work in graphics, computing, and networking technology. The company is particularly renowned for its graphics processing units and the CUDA software platform. While NVIDIA has shown strong growth potential, some investors believe that other AI stocks may offer even greater returns with less downside risk.
For those looking for AI stocks with significant upside potential, a report on the “cheapest AI stock” may be of interest. This stock is touted as having 100x upside potential, making it a compelling option for investors seeking high returns in the AI sector.
In the world of investing, it’s important to stay informed about the latest market trends and opportunities. Jim Cramer’s insights on natural gas players and other stocks can provide valuable guidance for investors looking to make informed decisions about their portfolios.
As always, it’s crucial to conduct thorough research and consider all factors before making any investment decisions. Disclosure: None.