CNBC’s Jim Cramer on Thursday reminded investors he thinks it’s unwise to trade Nvidia, saying they should keep the AI darling.
"Until the AI revolution runs on something else — and despite what you hear, nobody else comes close to these chips — you should just own it, do not trade it," he said."Until the AI revolution runs on something else — and despite what you hear, nobody else comes close to these chips — you should just own it, do not trade it," he said."Just don't sell it on a moment's notice.
Cramer noted that Nvidia habitually exceeds earnings expectations and added that investors shouldn't be skeptical of the company's success. According to Cramer, many on Wall Street don't understand exactly what Nvidia does. "If you're going to own this stock, you must take the time to learn," he said."If you did, you'd know that the customers said to be deserting Nvidia aren't deserting, they're desperate for its product."Snowflake CEO talks collaboration with Nvidia: 'There's a lot to come'
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