Jim Cramer Talked About These 7 Stocks Recently

5. NVIDIA Corporation (NASDAQ:NVDA)

Number of Hedge Fund Holders: 223

According to Cramer, NVIDIA Corporation (NASDAQ:NVDA) deserves praise and said:

“And then a simple one, ‘I hear Nidia’s got the Woodstock of Al, can’t wait to hear that Jensen keynote. He’s a COOL guy. I hear he’s a great cook, too. Renaissance man.’”

NVIDIA (NASDAQ:NVDA) is known for its innovations in graphics, computing, and networking technologies, particularly its graphics processing units and the CUDA software platform. Columbia Threadneedle Investments stated the following regarding NVIDIA Corporation (NASDAQ:NVDA) in its Q4 2024 investor letter:

“NVIDIA Corporation (NASDAQ:NVDA) continued to outperform the market during the fourth quarter. The technology giant and top position in the fund delivered on sky-high expectations during the quarter and reported quarterly expectations that exceeded expectations. The red-hot company provided forward-looking expectations which were regarded as slightly lackluster as compared to prior quarters that smashed expectations. While the stock did churn a bit in the quarter, the AI giant remains top of mind for investors, especially as the company is on pace to satisfy the ‘staggering’ demand for its new product, Blackwell, which is poised to enter the market over the next year. The company’s position of owning all the major pieces of the evolving AI data center enables it to strengthen its competitive position and to define the technology roadmap for generations to come.”