NVIDIA Corporation (NASDAQ:NVDA) is one of them Stock on Jim Cramer’s radar. A club member asked at what point the “student trump conviction” changes to “own it, don’t trade it.” In response, Kramer said:
Well, now, it’s contradictory, right, and it’s really difficult. Own it, don’t trade it… directly contradicts Trump’s conviction of discipline. So you take a day like today, when NVIDIA was down really badly, and yesterday, when NVIDIA was really down, the discipline had to say you should sell some NVIDIA because something is wrong. But if you are convinced and you really believe in it, then you need to stop, and if it finally goes even lower, you need to buy something. You can make such a decision on one or two stocks. If you have a portfolio of things you own, do not trade, you will lose a lot of money. We chose NVIDIA, and we chose Apple. These were our two favorites, and they were perfect. Was today painful? Yes, because we have our own, do not trade this philosophy, but give it to us with these two coins. Whatever it is, we are ready to sacrifice.
Photo by Christian Wediger on Unsplash
NVIDIA Corporation (NASDAQ: NVDA ) develops fast computing and AI platforms, GPUs for gaming and professional use, cloud services, robotics and embedded systems, and automotive technology. We discussed Wedbush’s latest price review on the stock, which you can read here.
While we acknowledge NVDA’s potential as an investment, we believe some AI stocks offer more potential and lower risk. If you’re looking for the most undervalued AI stocks that stand to benefit significantly from Trump-era tariffs and the offshore trend, check out our free report Best short-term AI stocks.
Read more: 30 stocks that should double in 3 years and 11 Secret AI Stocks to Buy Right Now.
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