NVIDIA Corporation (NASDAQ:NVDA) is one of the stocks Jim Cramer Recently Discussed. Cramer discussed the stock post-earnings as he said:
I think AI helps the broader economy. And for that, we have to look no further than the most important company in the universe, which is NVIDIA, which just reported a healthy top and bottom line beat, 75% growth in their data center business. Also gave better-than-expected guidance for the current quarter, enough to send the stock higher. Although remember, there’ll be people who will say it’s the end. They always say it’s the end. You know me, I say, you own NVIDIA, don’t trade it. Even better, it doesn’t seem like they’re feeling much of a pinch from the memory shortage because their margin guidance was strong. We know NVIDIA’s been cleaning up with these hyperscalers, and once again, demand is off the charts.
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NVIDIA Corporation (NASDAQ:NVDA) develops accelerated computing and AI platforms, GPUs for gaming and professional use, cloud services, robotics and embedded systems, and automotive technologies.
While we acknowledge the risk and 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 and that has 10,000% upside potential, check out our report about this cheapest AI stock.
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