Jim Cramer on NVIDIA (NVDA): ‘I Think The Stock Finally Got Cheap Enough To Start Tempting People’

During a caller occurrence of Mad Money, Jim Cramer offered his position connected the day’s marketplace rally arsenic helium delved into the interaction of the ongoing dynamic betwixt President Donald Trump and Federal Reserve Chair Jerome Powell.

“All day, I heard that today’s rally was conscionable a carnivore marketplace rally, okay? That it was a phony spike, and the marketplace volition spell close backmost down the infinitesimal the president posts that there’ll beryllium nary compromise connected tariffs. Who knows, possibly Fed Chief Jay Powell should beryllium deported.”

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However, Cramer pointed retired that the code shifted importantly conscionable aft the marketplace closed. In his words, “We get unthinkable quality that is definite to thrust this marketplace higher.” The quality came straight from the President, who clarified that helium had nary volition of firing Powell, a rumor that Cramer identified arsenic a large origin successful the anterior day’s marketplace slide. Trump’s statement, “Never did, ne'er will,” regarding immoderate plans to region Powell efficaciously erased the unreality of uncertainty that had been hanging implicit the markets.

Given this reversal, Cramer questioned whether the rally could inactive beryllium called a carnivore marketplace bounce. In his view, it present looked similar thing much substantial. He explained that existent recoveries are often mischaracterized astatine first. According to Cramer, they typically statesman with what look to beryllium carnivore marketplace rallies, short-lived, suspicious upticks that galore investors brushwood disconnected owed to repeated disappointments successful the past. He stressed that the aboriginal stages of genuine marketplace turnarounds are often marked by disbelief and hesitation, with lone the boldest oregon astir reckless traders recognizing their imaginable aboriginal on. He added:

“Now look, conscionable due to the fact that the President doesn’t privation a law situation and is going to support Powell doesn’t mean we person much to spell on. For example, there’s been nary motion of alteration from the medication connected the commercialized wars.”

For this article, we compiled a database of 13 stocks that were discussed by Jim Cramer during the occurrence of Mad Money connected April 22, 2024. We past calculated their show from April 22^nd, 2024, marketplace adjacent to April 23^rd, 2025, marketplace close. We person besides included the hedge money sentiment for the stocks, which we sourced from Insider Monkey’s Q4 2024 database of implicit 900 hedge funds. The stocks are listed successful the bid that Cramer mentioned them.