What Happened After Jim Cramer Talked About These 13 Stocks

11. NVIDIA Corporation (NASDAQ:NVDA)

Number of Hedge Fund Holders: 223

Cramer discussed NVIDIA Corporation (NASDAQ:NVDA) at length in that episode, reacting to the sharp decline in its stock price at the time. Despite short-term challenges, Cramer was still positive on the business fundamentals but slightly sceptical about the stock’s near-term prospects. Here’s what he had to say:

“Now listen to this. Don’t laugh. This company has lost more than $300 billion in market capitalization from the top, almost a straight line. It’s been as hideous a stock decline as any I can recall, frankly, down 10% alone on Friday. Nvidia’s going from being the star of the show to being the GOAT of the game and I’m not talking about the greatest of all time. Of course, we’ve learned from multiple pieces of research today that Nvidia – the business – is doing quite well. Now I think the stock finally got cheap enough to start tempting people. […] “I don’t know how much staying power Nvidia stock is going to have though tomorrow, because after the close tonight Cadence – a very close partner of Nvidia – guided down for both sales and earnings and that is surprisingly bad.”

The giant chipmaker has risen by 29.65% over the past 12 months.

Jim Cramer remains bullish as always on NVIDIA Corporation (NASDAQ:NVDA). Here’s what he said about the stock on the 17^th of April:

“[On Huang’s Beijing trip] Yeah I mean look I know that and I had some talk . .becuase of my club where I’ve said I don’t know if you can still own it but don’t trade it. And not because this isn’t my favorite company and my favorite executive. But because of the erratic nature of the dual Lutnick and Navarro tandem about what we should be doing with semiconductors. I found that it was odd that he could just go and talk. Because we don’t really have that kind of relationship with the Chinese. This was kind of a Nixon to China trip. I don’t know what will come of it. I do know that if you watched Taiwan Semi last week, NVIDIA’s still very much in the driver’s seat.”