Jim Cramer discusses relevance of historical context for NVIDIA Corporation, highlighting importance of AI
From Yahoo Finance: 2025-04-23 20:49:00
In recent news, Jim Cramer suggested ‘gunboat diplomacy’ for China and discussed 7 stocks, including NVIDIA Corporation (NASDAQ:NVDA). Cramer also discussed potential Federal Reserve actions in response to Trump’s tariffs, referencing historical tariffs and the Great Depression impact.
Cramer emphasized the relevance of historical context in understanding Powell’s actions and the impact of tariffs. He also discussed the limitations of statistics versus fiction in grasping the truth of historical events like the Great Depression. The discussion highlighted the importance of considering historical perspectives in current economic situations.
Regarding the recent stock market selloff, Cramer noted the shift from the ‘Magnificent 7’ to the ‘Wild Bunch’ in stock market terminology. He emphasized the changing dynamics of the market and the need to adapt language and strategies accordingly. Additionally, Cramer highlighted the importance of AI in the current market landscape.
Cramer expressed his belief in the winner-take-all nature of the AI industry, emphasizing the need for companies to establish dominance in the market. He also mentioned the concept of ‘gunboat diplomacy’ as a potential strategy in foreign policy, particularly in relation to China and Taiwan. Cramer discussed the significance of military displays in achieving foreign policy objectives.
NVIDIA Corporation (NASDAQ:NVDA) is a leading AI GPU designer with 223 hedge fund holders in Q4 2024. Despite concerns about AI chip demand, NVIDIA has faced a 28.5% decline in shares this year. Cramer praised NVIDIA’s US chip manufacturing plans and noted the disconnect between share price movements and fundamentals. Looking for a promising AI stock trading at less than 5 times its earnings? Check out our report on the cheapest AI stock poised for massive gains with a potential 10,000% upside.
For more insights, explore our list of the 20 best AI stocks to buy now and the 30 best stocks to invest in according to billionaires.
Disclosure: None. Originally published at Insider Monkey.
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