Jim Cramer Says Trump’s Tariff Strategy Is Working & Discusses These 11 Stocks

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3. NVIDIA Corporation (NASDAQ:NVDA)

Number of Hedge Fund Holders In Q4 2024: 223

Despite the fact that NVIDIA Corporation (NASDAQ:NVDA)’s shares are down by 16.6% year-to-date, Cramer continues to be a bull on the shares. He believes that the firm’s CEO Jensen Huang has the right perspective when it comes to the demand for its AI GPUs. Cramer has also blasted day traders and zero-day options, who he blames for the volatility in NVIDIA Corporation (NASDAQ:NVDA)’s share price. Fresh off of the firm’s GTC conference, here are his recent thoughts about the firm:

“They will spend $5 trillion if they had it.”

“And I called them out on that. I called Jensen. . .yeah, I’m a believer because, look when you look Jensen in the eye and you can do that, I mean this guy’s like a for real guy, and you say look, I don’t believe any of this, well he just says well then you ought to go do more work. He does it much more politely than that. But he just then lists all the people and the things who want it.”

“No, I mean there’s no one near them. I, visited a facility, data center. . .and you just get the sense that there’s NVIDIA, and then everyone else is a distant two, three, four, like nowhere.”

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