Jim Cramer Calls Nvidia (NVDA) Stock a “Meme Stock”: Is It?
Nvidia stock is currently hovering around the $101 mark on Thursday, down over 7% amid a tariff-related market crash. The stock is down nearly 20% year-to-date as well. NVDA entered 2025 trading at $138 and had also fallen to a low of $106 in March. The tech giant’s price is experiencing a slow crash as no investors made profits with it this year. If the downward trajectory continues, the leading stock could be at risk of plummeting.
CNBC analyst Jim Cramer has been no slouch in critiquing NVDA’s recent slump. The “Mad Money” host talked about the current value of Nvidia’s shares on a recent episode, laying it in on the AI chip giant. On Nvidia and Trump’s new tariff plan that have contributed to the stock’s fall, Cramer said:
“Trump’s change in attitude has terrified the moneymen — the big moneymen. Virtually overnight, they’ve decided that we’re headed for a recession, and it’s going to happen fast. The thesis is that we’re a consumer country, and they think the consumer is finished because of turmoil created by the Walmart White House. At the same time, the big themes of tech — the data center buildout and AI — seem suddenly cursed, victims of that Chinese outfit DeepSeek that has figured out a way to get more computing power from less hardware. Buyers of Nvidia’s expensive chips, see NVIDIA Corp (NASDAQ:NVDA) now trading like a meme stock. Can we just tell it like it is? It’s a meme — that’s why it’s getting crushed. Let’s not fool around — it’s a meme stock.”
In the last year, NVDA stock is up 14%. However, it was up even further at the start of the year, and an uncertain US economy contributed to the stock dropping in 2025 so far. The stock is the head of a rewarding sector for investors. Thus, some experts would contrast with Cramer, suggesting that one should buy into the NVDA crash.
Should You Buy Nvidia (NVDA) Stock Right Now?
Nvidia’s pivot toward the AI sector accelerated its stock performance from 2020 to 2024. However, the race to become the AI leader is crowded, with too many tech giants throwing their hat in the ring. From Google’s Alphabet to Amazon and Meta, every multinational corporation is eyeing the top spot to capture the next-gen technology.
Also Read: Not Bitcoin or Gold, Robert Kiyosaki Explains New Asset Could Surge 2x
Despite the last 48 hours of crashing, Wall Street is still bullish on Nvidia (NVDA). Wall Street analysts are upbeat on Nvidia’s stock performance, giving a “strong buy” rating this year. Out of the 44 financial strategists from Barchart, 38 have recommended a ”strong buy” while two suggest a “moderate buy”. Four analysts have given a “hold” call while none of them advised traders to sell the stock.
The development indicates that now could be the best time to accumulate the dips on Nvidia stock. NVDA is available at a discounted price and could also be accumulated if it falls below the $100 price range
Read More
Jim Cramer Calls Nvidia (NVDA) Stock a “Meme Stock”: Is It?
Nvidia stock is currently hovering around the $101 mark on Thursday, down over 7% amid a tariff-related market crash. The stock is down nearly 20% year-to-date as well. NVDA entered 2025 trading at $138 and had also fallen to a low of $106 in March. The tech giant’s price is experiencing a slow crash as no investors made profits with it this year. If the downward trajectory continues, the leading stock could be at risk of plummeting.
CNBC analyst Jim Cramer has been no slouch in critiquing NVDA’s recent slump. The “Mad Money” host talked about the current value of Nvidia’s shares on a recent episode, laying it in on the AI chip giant. On Nvidia and Trump’s new tariff plan that have contributed to the stock’s fall, Cramer said:
“Trump’s change in attitude has terrified the moneymen — the big moneymen. Virtually overnight, they’ve decided that we’re headed for a recession, and it’s going to happen fast. The thesis is that we’re a consumer country, and they think the consumer is finished because of turmoil created by the Walmart White House. At the same time, the big themes of tech — the data center buildout and AI — seem suddenly cursed, victims of that Chinese outfit DeepSeek that has figured out a way to get more computing power from less hardware. Buyers of Nvidia’s expensive chips, see NVIDIA Corp (NASDAQ:NVDA) now trading like a meme stock. Can we just tell it like it is? It’s a meme — that’s why it’s getting crushed. Let’s not fool around — it’s a meme stock.”
In the last year, NVDA stock is up 14%. However, it was up even further at the start of the year, and an uncertain US economy contributed to the stock dropping in 2025 so far. The stock is the head of a rewarding sector for investors. Thus, some experts would contrast with Cramer, suggesting that one should buy into the NVDA crash.
Should You Buy Nvidia (NVDA) Stock Right Now?
Nvidia’s pivot toward the AI sector accelerated its stock performance from 2020 to 2024. However, the race to become the AI leader is crowded, with too many tech giants throwing their hat in the ring. From Google’s Alphabet to Amazon and Meta, every multinational corporation is eyeing the top spot to capture the next-gen technology.
Also Read: Not Bitcoin or Gold, Robert Kiyosaki Explains New Asset Could Surge 2x
Despite the last 48 hours of crashing, Wall Street is still bullish on Nvidia (NVDA). Wall Street analysts are upbeat on Nvidia’s stock performance, giving a “strong buy” rating this year. Out of the 44 financial strategists from Barchart, 38 have recommended a ”strong buy” while two suggest a “moderate buy”. Four analysts have given a “hold” call while none of them advised traders to sell the stock.
The development indicates that now could be the best time to accumulate the dips on Nvidia stock. NVDA is available at a discounted price and could also be accumulated if it falls below the $100 price range
Read More