Was Jim Cramer Right About These 16 Stocks?

12. Nvidia Corp. (NASDAQ:NVDA)

Number of Hedge Fund Investors: 224

At the time, Cramer was highly bullish on Nvidia Corp. (NASDAQ:NVDA), emphasizing its dominance in AI and high performance computing. Broadcasting from Nvidia’s GTC conference, he described the company as essential to the next Industrial Revolution and that he saw the stock as a long-term investment. Here’s what he said:

“Nvidia is the helper, the expediter, the cost saver… Nvidia creates time, eliminates waste, and invents knowledge that hasn’t been invented yet. Maybe that’s what makes Nvidia a stock to own and not to trade.”

Nvidia’s stock is up by 28.44% over the past 12 months.

Here is what Jim Cramer said on the 26th of February about the company:

“Okay look NVIDIA’s really, hard, there’s a good scorecard out today, one of the firms, I think NVIDIA has to do beat and raise, traditional beat and raise. And I think the problem is that their major product Blackwell was still hard to get. Although SuperMicro by the way, congratulations on not being de-listed, has been putting a lot in. Remember the problem is, and Dell too. HPE, not as many. The problem is the actual, you have to build them, take em apart and them build them again. That’s a very complicated process. And also we have the DeepSeek, although I think that Jensen will say, the CEO, he’ll say that DeepSeek’s actually good for them. I have been telling people this is not the quarter that is really important because they can’t ship in volume. But I don’t, the confidence level that I have in this quarter is not as high only because, we thought that Blackwell, that is the major version, would be out right now. And I remember Francis, you have to go back to when Intel might be late with 386 or 486 and there would be a gap. And then you had to buy the gap. So what I’m saying is this that if it really gets hit, and they indicate that the rest of the year is going to be fine. I think you take advantage of it. But, it’s got so much, I mean, this morning Frank, they had a guy on. The number of, it was actually, it was. . . talked about all the different instruments that are betting on it. And then I talked with Vlad Tenev at Robinhood, the number of zero day, not the movie, the number of zero day options that are bet on this thing, have made it so it’s actually in control of the actual underlying!”