Jim Cramer Discussed These 7 Stocks

2. NVIDIA Corporation (NASDAQ:NVDA)

Number of Hedge Fund Holders: 223

Noting that NVIDIA Corporation (NASDAQ:NVDA) is trading like a meme stock, Cramer remarked:

“The big themes of tech, the data center build out and AI seem suddenly cursed victims of that Chinese outfit DeepSeek that has figured out a way to get more computing power from less hardware… By the way, Nvidia now trades like a meme stock. Can we just tell it? It’s a meme, that’s why it’s getting crushed. Let’s not fool around. It’s a meme stock.”

NVIDIA (NASDAQ:NVDA) is renowned for its innovations in graphics, computing, and networking technologies, particularly its GPUs and the CUDA software platform. Cramer has been a fan of the company for a while now and almost two weeks ago, he commented:

“Now, I don’t wanna obscure the company where the stock… that I always say own, don’t trade Nvidia. After the close, it was a very good quarter. Everyone thought this would be the most eventful quarter of earnings season, but it was a non-event. Why? Because it was terrific and Jensen Huang gives us terrific numbers.

He’s about as steady as the president is mercurial. The company put up solidly better than expected sales and earnings with strong guidance for the quarter, driven by the strength of their new high-end chips, Blackwell chips. Fantastic. Bravo. While we still have to worry about tariffs and export restrictions, I have to tell you, the numbers were excellent.”