Jim Cramer defends NVIDIA Corporation as high-quality despite market volatility, praising data center sales.

From Yahoo Finance: 2025-04-10 11:49:00

Jim Cramer recently called the market decline ‘man-made’ and discussed 15 stocks on Mad Money. He rejected fears of a global financial collapse, attributing the downturn to leadership decisions. Cramer warned that the administration’s tariffs aimed to reverse globalization, potentially causing permanent economic disruption. He laid out a checklist for the strategy to succeed, emphasizing the need to avoid inflation spikes and negotiate trade deals quickly. Despite market volatility, Cramer defended NVIDIA Corporation (NASDAQ:NVDA) as a high-quality company with long-term value, even as AI stock sentiment shifted. NVIDIA has 223 hedge fund holders and is down 36% from its highs. Nvidia’s AI theme continues to thrive despite recent investor sell-off, with stock trading at 21 times this year’s earnings and less than half its average valuation over the past 5 years. RiverPark Large Growth Fund praises NVIDIA for strong data center sales, revenue of $26 billion (262% YoY increase), and EPS of $6.12 (462% YoY increase). NVDA ranks 8th on Jim Cramer’s list of stocks, but RiverPark believes other AI stocks offer greater promise for higher returns in a shorter timeframe. Consider exploring their report on the cheapest AI stock for potential investment opportunities.



Read more at Yahoo Finance: “This Is the Highest Quality Company in the World”