17 Best Stocks for Kids According to Jim Cramer

4. NVIDIA Corporation (NASDAQ:NVDA)

Number of Hedge Fund Holders: 193

NVIDIA Corporation (NASDAQ:NVDA) was mentioned during the episode. Here’s what Mad Money’s host had to say:

“At the same time, you also want to give your kids something with a little more juice like the great growth stocks of an era. I mean, I’m talking about the Apples, the, the NVIDIAs, the Teslas, the Metas.”

NVIDIA (NASDAQ:NVDA), a dominant force in graphics, computing, and networking technologies, is fueling substantial growth with its GPUs and the CUDA software platform, both of which play an important role in AI infrastructure. Earlier in January, Cramer explained the company as he said:

“The stock was up 171% last year and also by the way, had a very strong close today of 4.3%. Of course, for a decent chunk of the year, there was a lot of worry about a late product and a fractured client base that wants to design its own chip because NVIDIA’s cost too much even if the return on investment’s really large here.

Believe me, if I thought anyone could touch NVIDIA’s products and platforms, I’d be happy to say, sell it and book the gain but I can’t justify that because this company’s peerless. Frankly, the biggest thing working against the stock is, well, the terrible way it trades, giving up huge clumps after making soft climbs. For any other company, I’d say abandon the stock, but NVIDIA’s products are too good, too indispensable and its CEO runs harder than anyone else I’ve ever met. I expect a great speech from Jensen Huang at CES next Monday.”