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NVIDIA Corporation (NASDAQ:NVDA) is one of the stocks Jim Cramer shared his thoughts on. Cramer emphasized owning and not trading the stock, as he said:
“What about the amazing secular growth stocks that I talk about, the ones that are supposed to do well regardless of the economy? What do you do with those? Well, those you shouldn’t trade. A tremendous grower requires a tough as nails attitude where the trick is to sit on your hands and do nothing when they go higher… You know that I always say own NVIDIA, don’t trade it. Now, sometimes, like right now, it’s difficult because the stock appears stuck in a rut. Other times, it’s bountiful. But NVIDIA’s a stock that’s not meant to be schnitzeled. It’s meant to be owned, not traded.
Photo by Christian Wiediger on Unsplash
NVIDIA Corporation (NASDAQ:NVDA) develops accelerated computing and AI platforms, GPUs for gaming and professional use, cloud services, robotics and embedded systems, and automotive technologies.
While we acknowledge the potential of NVDA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.
Disclosure: None. This article is originally published at Insider Monkey.
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