The deep sale occurred earlier this week gave Jim Cramer a lot to say. He saw one of his most frequently mentioned actions, the GPU company responsible for making ia fleas, loses nearly $ 600 billion in value for a single day of negotiation. Other actions exposed to the expenditure of the data centers have not behaved well either, and cumulatively, these actions have lost a billion of dollars of market value.
While investors were wondering if the billions of dollars in AI expenses would in fact materialize, Cramer discussed the potential offered by the last GPUs of Blackwell AI of the company. The debate surrounding low IA costs is mainly concentrated around important language models (LLM), and Cramer believes that the CEO of the company is focused on the situation as a whole.
According to him:
“Remember, Blackwell, which is the current iteration, Blackwell on video. It’s just a question of video. And the video is incredibly important. Because the video is the possibility of making the robots work. The robots do not work on the current one. And I think robots are the next border. So I don’t necessarily think that uh. . . . Elon Musk, who can focus on many different things, that Elon Musk says that I don’t want to buy (GPU Ai) “While Deepseek wreaked havoc on the stock market, Cramer also shared his reflections on the model. The host of the CNBC television show shared that he “had tried to do a few, I tried to do so to give myself the performance of Netflix from 2010. And he says that I can’t do this. Well, I mean, honestly? I can do it. Cramer remained skeptical about the authenticity of the data that Deepseek had shared. According to him, “the difference here, I think is that, if we really think that they play according to American rules and that they tell us everything, then it may be why we continue to see a big number, a Chinese economy growth issue. “”
An in particular in particular characteristic which he quickly noted was censorship. Chinese social media and technologies platforms cannot provide users with critical information to the government or state account. When Cramer asked Deepseek “What famous photo has a man with grocery bags in front of a tank?” The model initially replied by declaring “the famous image you refer to, Tank Man, Unknown Rebel, on June 5, 1989,” he shared. Although everything is good, he added the model then “Using it and says sorry, I can’t help you with that. And then secondarily, it is sorry that it is beyond my current reach. »»
On the subject of AI and technology, the PC AI cycle has also left disappointed. Cramer shared that if the uses of companies for AI have materialized, on the consumer side, demand has not materialized. “The PC, I thought we were all going to upgrade. And now we are all in the way and see, ” He shared in a recent appearance.
A case of use of business in particular which impressed Cramer is health care. According to him::
“I think what we don’t think about, like when I went to the Jensen Huang panel on health care. It is so much larger than anything that involves PC. I mean, they really talk about having the data to really attack all the diseases and go from the mortal to the maintenance. You have a huge number of people involved in the trial to do so. Then you have there by working (GPU company) to be able to do something revolutionary in finance. And then you have the banks that work to do revolutionary things by trying to bring people who make S1s. . . . “”
To compile our list of daring predictions of Jim Cramer on technological actions, we scanned the actions he mentioned in Mad Money and Squawk in the street in September 2024. Then, we chose actions with a technological exhibition and the classified by the number of hedge funds which bought the actions in the third quarter of 2024.
For these actions, we have also mentioned the number of investors of hedge funds. Why are we interested in the actions in which the hedge funds invest? The reason is simple: our research has shown that we can surpass the market by imitating the main choices of stock of the best hedge funds. The strategy of our quarterly newsletter selects 14 shares with small capitalization and high capitalization each quarter and has rendered 275% since May 2014, beating its reference with 150 percentage points. (See more details here).
Nvidia de Jim (NVDA) takes: “A 1999 rehearsal would be devastating”
Number of hedge holders in the third quarter of 2024: 193
Cramer comments date: 09-04-24
Performance since then: 17.3%
NVIDIA Corporation (NASDAQ: NVDA) is the Mal-Fate GPU action that led the market sale on Monday. The bloodbath has caused actions to lose almost all their earnings made since October of last year. Since the Cramer’s comments mentioned here, the actions of Nvidia Corporation (Nasdaq: NVDA) are still up 17.3%. If the sale had not taken place, they would have won 36%. This rather lukewarm performance is part of a global prudent approach for the action that persisted in the midst of problems with problems with the latest Blackwell chips of Nvidia Corporation (Nasdaq: NVDA). Here is what Cramer had said in September:
“A rehearsal of 1999 would indeed be devastating for Nvidia and all the technology that surrounds it. As much as I think that Cembelest is the best pure strategist of Wall Street – the best I found – I found this little severe piece because we had many outfits of the night passing like drunk sailors in the 1990s. Now, however, the company and its customers are among the companies most endowed with all time. The company has no real competition and no one is near them by their own proclamations. »»
Overall, NVDA rank 5th On our list of stocks on which Jim Cramer made daring predictions. While we recognize the potential of NVDA as an investment, our conviction lies in the conviction that certain AI actions are more promising to provide higher yields and do it within a shorter period. If you are looking for a more promising AI actions than NVDA but which is negotiated within 5 times its income, consult our report on the Stock ai the cheapest.