MarketMoodz
Cramer: You can still find Nvidia buys on tough market days
Oil spiked and hot inflation data roiled Wednesday's market, leaving investors few safe harbors. Jim Cramer urged buyers to consider Nvidia, saying, 'If I didn’t own it, I would buy the stock of Nvidia.' The AI leader remains a focal point amid a broad risk-off backdrop.
Key Takeaways
- Oil spikes and hot inflation data drove a down day, testing investor risk tolerance.
- Jim Cramer urged buying Nvidia, declaring he would own it if not already.
- Nvidia is framed as an AI leader and CNBC Investing Club pick, though concerns exist about market over-ownership.
- Cantor Fitzgerald projects Nvidia EPS of $15 in 2027, implying roughly 12x forward earnings versus the S&P 500 around 18x.
- The macro backdrop saw the Dow at a 2026 closing low, with the S&P 500 and Nasdaq down about 1.3%–1.5%.
People Involved
- Jensen Huang Nvidia CEO
- Jerome Powell Federal Reserve Chair
Entities Involved
- Nvidia AI leader in semiconductors
- Cantor Fitzgerald Analyst firm
- CNBC Media outlet reporting on the story
MarketMoodz Analysis
On the investor side, the takeaway is that down days demand discipline: focus on resilient AI and semiconductor exposure and use targeted ideas with clear catalysts. Nvidia embodies a long‑term growth thesis even as near‑term volatility persists.
Historically, Nvidia has traded in its own volatile cycle, and eight months of underperformance amid strong updates is not unusual in this space. A potential breakout tied to this week's GTC developer conference could unlock further upside as product announcements and order visibility shape expectations.
Next catalysts to watch include Nvidia's GTC announcements, large AI chip orders, and market interpretation of inflation and policy signals. Maintain rigorous risk management, and compare Nvidia’s valuation against broader market multiples as the AI cycle unfolds.
Source: Original Article
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