Why Jim Cramer Thinks NVIDIA is a Meme Stock (And You Should Too!)

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Ah, NVIDIA (NVDA), the darling of the tech world, has decided to throw a $500 billion party for US AI investment. 🎉 But wait! Jim Cramer, the self-proclaimed stock oracle, has dubbed it a “meme stock.” Yes, you heard that right! A meme stock! Because nothing says “serious investment” like a stock that’s more popular on Reddit than at the actual stock exchange. 🤦‍♂️

JIM Cramer Calls NVIDIA ‘Meme Stock’ After Price Struggles

So, NVIDIA is planning to invest a whopping $500 billion in the US AI sector over the next four years. This is supposed to bolster the country’s AI infrastructure and reduce our dependence on international supply chains. Because who needs global trade when you can just throw money at the problem, right?

Interestingly, this grand announcement comes right after Donald Trump decided to sprinkle some tariffs on US imports. 🍕 While this news should be a cause for celebration (think of all the jobs!), investors seem to be less than thrilled. Maybe they’re just waiting for the next meme to drop?

In a shocking twist, NVIDIA’s stock price barely budged—up a measly 3% before it lost all momentum. It’s currently trading at $110.71, which is about as exciting as watching paint dry. Thanks, Trump tariffs! 🎨

Now, Jim Cramer, in his infinite wisdom, has labeled NVDA a meme stock. In a recent CNBC segment, he shared his top stock picks while simultaneously throwing shade at Apple, NVIDIA, and a few others for their lackluster performance. Talk about a mixed message!

He even went so far as to say that NVDA had become a meme before insisting he doesn’t own any meme stocks. Classic Cramer! He noted that NVIDIA should have skyrocketed with the $500 billion announcement but instead, it’s being held back by the meme crowd. Who knew memes had such power? 😂

“Yesterday the ‘Chinese’ stocks did quite well. They aren’t supposed to be. Yesterday Nvidia should have broken out, but it is being so seriously controlled by the meme crowd that it couldn’t rally.”

Is Jim Cramer Right About NVIDIA Stock?

NVIDIA’s stock has had a rocky start, struggling for years until the AI boom hit. It peaked at $149.43 at the beginning of the year, which is like the stock equivalent of a high school prom king. 🎓

Looking at the bigger picture, NVDA’s meme stock phase seems temporary, much like my New Year’s resolutions. It’s struggling, just like the rest of the crypto stocks. But hey, it has potential! With the growing demand for AI, it could rise again—if it can shake off the meme crowd.

Of course, Trump’s tariffs could throw a wrench in the works. Some analysts are predicting a price crash, but the long-term outlook remains optimistic. If you’re following Jim Cramer’s index, this might just be the perfect time to buy—because stocks he criticizes tend to perform well. Go figure! 🤷‍♂️

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2025-04-15 14:19