Jim Cramer Says I’m With Trump & Discusses These 12 Stocks

2. NVIDIA Corporation (NASDAQ:NVDA)

Number of Hedge Fund Holders In Q4 2024: 223

NVIDIA Corporation (NASDAQ:NVDA) is the ill-fated AI GPU stock whose fall from grace reflects Wall Street’s growing uncertainty about AI and the economy. Despite a strong 2024, the stock is down by 20% year-to-date as it fails to respond to multiple potential catalysts such as a GTC conference that hinted at trillions of dollars of addressable markets. Cramer believes that the market is wrong about NVIDIA Corporation (NASDAQ:NVDA). Here is what he said:

“One of the things I talked about with a bunch of people from NVIDIA is, because they have these 2x inverse, and because you can do zero day options. . .that they can push anything down. And it’s instant rapid fire. It is almost as if, when they came up with the Gatling Gun in the Civil War, where everyone’s doing single musket, and then the Gatling Gun. . . I mean like when they realized the war would not be over in six weeks. . . These guys are machine guns, and there’s no defense. NVIDIA has no defense against the machine guns.”

“[on whether the shares were vulnerable] Absolutely. Because they want it down. Now you’d say well that’s a grand conspiracy. No, I actually talked with one of the firms. And you know, it’s, every man for himself. And NVIDIA is vulnerable to that nonsense. Versus real buyers who could come in and say I can’t believe I got this bargain because they’re trying to break it with a death cross. You know and that’s the 50-day going under the two hundred day.”

“Here’s what I’m doing, I’m presenting a case where ignorant people. . .are doing things to the stock that no one every believed could have happened. Because of the, when the SEC, even the old SEC, allowed a 2x inverse. That presents a tremendous amount of power against the stock. And the, bless these zero-day options, and that is, just a nightmare for a stock. . .like they came in this morning, 3:30 they were doing, 3:30, I mean. . .3:30 I have to get up to see these clowns? 3:30, they’re using a, you know, I don’t know, a . . .rocket. I don’t know what they’re doing.”

“I’m saying that it’s very, that this stock is vulnerable to what they want. And is it being manipulated? No, the SEC blessed this. I just want people to know, that the reason why it went down this morning, was that they, you take the Joe Tsai, and then they were coming in and they were using heat seeking missiles. . . they were doing everything they can. . .”