Jim Cramer Talked About These 12 Stocks Recently

2. NVIDIA Corporation (NASDAQ:NVDA)

Number of Hedge Fund Holders: 223

NVIDIA Corporation (NASDAQ:NVDA) was mentioned during the episode and here’s what Cramer had to say about it:

“The fact is the stock is up huge still. Now we say own it, don’t trade it but we had to take a little bit off the top because we didn’t wanna be the Nvidia fund, but you need to know this, when the stock is at this big a move, no matter what they say when they report next week, it may not be enough. So there are people who are taking profits now ahead of when it reports so they can buy stock back if they want to or they just say, you know what? We’ve made so much money… in this company that we’re not gonna make anymore. I personally feel that it’s a great long-term investment and we’ve owned it for long term. We’re gonna continue to own it.”

NVIDIA (NASDAQ:NVDA), recognized for its innovations in graphics, computing, and networking technologies, is experiencing substantial growth with its GPUs and the CUDA software platform, which are crucial components of AI infrastructure. The company stock went up more than 69% over the past year.