Jim Cramer Discussed These 6 Stocks Recently

2. NVIDIA Corporation (NASDAQ:NVDA)

Number of Hedge Fund Holders: 223

NVIDIA Corporation (NASDAQ:NVDA) was mentioned as Cramer highlighted that while the private sector has historically relied on excessive debt and stock issuance for growth, today’s leading companies are financially strong and resemble well-funded nation states, with nearly unlimited resources, reducing their dependence on debt. He added:

“Lots of times I feel that it’s winner take all, losers take none but what if we’re looking at these generative AI platforms and agents in a way that’s too static, or maybe I am? What if there are so many uses once you build the thing that it’s stupid not to do so, which brings me to Jensen Huang, the CEO of NVIDIA, the biggest winner from the generative AI infrastructure build-out because only NVIDIA’s chips are strong enough, smart enough, and fast enough to develop things that we haven’t thought of yet, or things that sound like total science fiction.

NVIDIA chips will be vital to make these designs come to life and we don’t even know what those designs are yet… Believe me, owning NVIDIA’s become a heavy burden for me. It seems to be at the epicenter of the so-called bubble, which is now why it sells at just 26 times earnings. And by the way, that’s a true sign that people don’t believe anymore. NVIDIA’s current valuation basically says that Joe Tsai’s right, the bubble is about to pop.”

NVIDIA (NASDAQ:NVDA), known for its advancements in graphics, computing, and networking technologies, is seeing significant growth due to its GPUs and the CUDA software platform, both of which are important for AI infrastructure.