We recently published an article titled Jim Cramer Discussed These 21 Stocks As Bond Yields Soared. In this article, we are going to take a look at where NVIDIA Corp. (NASDAQ:NVDA) stands against the other stocks Jim Cramer recently discussed.
In a recent episode of CNBC’s Squawk On The Street, Jim Cramer started out by commenting on quantum computing stocks. These stocks rose to new highs after the announcement of the Willow quantum computing chip by one of the biggest technology companies in the world. He mentioned a quote by AI CEO Jensen Huang about quantum computing. According to Cramer, “The quote previous to that was really enlightening too. I mean just as this. And this [quantum computing] only works for small form factor. And it’s used microwave. The large form factor, which by the way is, automatic driving and robots, it doesn’t work. So not only is it later, but it’s not useful. And, he also said that we work with a CPU, not GPU. That would be like that Intel engine and it’s much too slow.”
Cramer continued to blast quantum computing stocks. According to him, the “QTUM ETF that has almost no quantum computing, it’s been bid up. I mean they really are David, I mean, I’m not saying they are necessarily fraudulent. Because Willow, which is a project of Google, is pretty good. And Amazon was working on a program to help quantum developers.” Likening the quantum computing stocks to an illusory phenomenon, he commented “But frankly, I’m going to use the word chimerical, in the sense that these companies, none of these companies, have much in terms of revenue. . . .But they’re all losing a lot of money, and it was the type of thing you see at the beginning of the year, we’re also seeing it in nuclear, another area that’s chimerical. And I think that it has to be watched out before we can go higher.”
As a result, Cramer shared “I think that people should sell those stocks and lock in their gains.” Quantum computing isn’t the only sector on his radar though. Another sector in Cramer’s crosshairs was nuclear power. He believes that firms can’t build nuclear power plants “fast enough, and they’re very expensive and the overruns are ridiculous. So we have to clear out the nuke and we have to clear out this ridiculous stuff when it comes to quantum.”
Since treasury yields were rising during the start of the day, they didn’t miss Cramer’s attention either. He shared the trend of the rising yields and started with the futures. The futures were up during Frank Holland’s show. Which is the five o’clock show,” he stated. Cramer added “Okay so, then we had the rates right where they are. And then somehow, between four thirty and six, the rates skyrocketed! And then after the ADP they went lower.” He believes that excessive attention on the yields is equivalent to being “worse than the analysts that are telling you to sell” the world’s leading GPU designer.
Another player that has shaped the market for two years now is the Federal Reserve. The Fed caused quite a bit of turmoil in mid-December after its paring back of expected 2025 interest rate cuts to two from four hit stocks hard. Now, with the labor market being as strong as ever, investors are wary of getting even one rate cut in the first half of 2025. Cramer commented on the Fed’s Christopher Waller and shared that “He ought to take a vacation. Why do these guys have to talk every minute? I mean what good are they doing to the chairman? The chairman ought to say, hey guys, go speak at the Rotary Club and address what I think is the biggest problem of youth.”
The CNBC host also mentioned the ongoing and devastating wildfires in California. Cramer stressed that these are not ordinary wildfires. Recalling his days as a news reporter he shared:
“When I covered homicides and fires when I was a reporter in LA, I was living in my car so I was kind of uniquely able to cover any fire very quickly. And I was on one side of the interstate five where it’s just north of I-10. And it was five lanes, five lanes at the time and I was on the side that was away from Beverly Hills. And the chief at the time said to me, don’t worry we’re safe here. Because it’s never jumped I-5. And then I saw like Santa Anna winds, it jumped I-5, ten lanes at the time, just jumped it. And I looked at him, and I said what do we do? And he said, it’s every man for himself. And we tore. . . .I mean it really, it’s so frightening. Because it can leap. People think it’s static. And when it comes, it explodes, where it’s crackling. It does not light up and burn. It explodes! So that’s what we’re dealing with.”
He added “I just want people to know that this is not a fire where there’s coming down. This is a fire where you don’t know where it’s gonna go. And it can go a hundred yards.”
As for the bond yields, Cramer hinted that they might drop in the future. According to him “A lot of the people that I deal with in the bond market are kind of salivating over the idea that maybe we do get a 5% on a ten year. It’s interesting to hear the perspective of people who cash but who don’t own anything. There is money out there waiting for that level. So if people think that it’s just, there’s just going to be an overshoot be aware that there will be some real demand.”
Our Methodology
To make our list of the stocks that Jim Cramer talked about, we listed down all the stocks he mentioned during CNBC’s Squawk on the Street aired last Wednesday.
For these stocks, we also mentioned the number of hedge fund investors. Why are we interested in the stocks that hedge funds invest in? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points. (see more details here).
A close-up of a colorful high-end graphics card being plugged in to a gaming computer.
NVIDIA Corp. (NASDAQ:NVDA)
Number of Hedge Fund Holders In Q3 2024: 193
NVIDIA Corp. (NASDAQ:NVDA) is Wall Street’s favorite AI GPU stock. The firm’s shares have gained more than 700% since OpenAI publicly released ChatGPT. However, the second half of 2024 was muted for NVIDIA Corp. (NASDAQ:NVDA)’s stock as investors shifted into a wait-and-watch mode for its Blackwell GPUs and the overall state of the AI industry. They returned in 2025 with fresh fervor as the shares gained 12.6% during the first week. However, since the conference, the shares have lost 13% over a lack of specifics for Blackwell shipments. Cramer, though, is a believer in NVIDIA Corp. (NASDAQ:NVDA)’s stock:
“Now several months ago I went to lunch with Jensen, he was still a little bit more on the fence on quantum. So he’s obviously done a lot of work on it. And he clearly does not think it’s an important technology. Anytime soon. You know a 20, 30 year time frame is not anything that he’s talking about frankly that he’s doing Carl. I think that people should sell those stocks and lock in their gains.” “Look, I mean over and over again, both Collette Kress, the CFO, and Jensen Huang were talking about how. Look, we’re shipping in size, we’re shipping in size. The big negative had been they were not shipping in size. Now people wanted them to guide up. That was not the nature of the CES conference.
“But Ben Reitzes asked this question which just said this, all right really, I mean is it longer term. And all you keep hearing about when it’s longer term is trillions. Not billions, but trillions. Now, can this stock hold up? It had one of the most vicious reversals. Which told me that the zero dot thirty guys, you know the guys who do our gambling, and they should go. By the way, we saw from Flutter and Draft Kings, that the house is losing. Just go beat them on Draft Kings. Stop it with the actual companies. Because you don’t know anything.”
“[Closed down after hitting all time high]Well I mean it’s what NVIDIA does, because the people who own NVIDIA, it’s like the guy who introduced NVIDIA on CES stage. Called it ‘NUVIDIA’, which I continue to remind people is a hand cream from Proctor & Gamble. . .Well it’s cause they don’t even know how to pronounce it. The point is the lack of knowledge of what this company does. Okay, some of the analysts are good, but some of the analysts are just talking about the quarter! And these are people, who are, they are bound by the four walls of idiocy. This is one of the greatest companies in the world, these people want to buy sell, buy sell, they don’t recognize that NVIDIA is doing things that are just running circles around. In AV, remember you need three. You need a simulation, you need a trainer, and you need the actual. . . .and Toyota, is going to be, I think one of the top five customers.
“[when asked whether NVIDIA can sustain its growth trajectory] Industrial revolution, why can’t we believe? Do you remember, did you read that, book about John Garfield, where they talked about the telephone, and Alexander Graham Bell tries to get it into the centennial in Philadelphia, and only because the Brazilian guy there doesn’t get to represent it. And Alexander Graham Bell says you know this could revolutionize all of how we do things. And the American judges were like who is this clown?
“I find over and over again that when you have the industrial revolutions no one really believes in them. And here’s Jensen Huang. The other day someone said to me, I see you’re like Jensen Huang, you guys both were dishwashers. And I said, I was a busboy. I mean the kinds of things I’m seeing with people at NVIDIA. How’s your dog doing? My dog died three years ago, should I sell the stock? Heaven forbid they listen to Colette Kress, who is not going to give you the numbers that you want.”
Overall NVDA ranks 2nd on our list of the stocks Jim Cramer recently talked about. While we acknowledge the 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 but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock.
Disclosure: None. This article is originally published at Insider Monkey.
