Jim Cramer, the well-known financial analyst and host of CNBC’s “Mad Money,” recently made some bold statements about two prominent CEOs in the tech industry. After praising Tesla Inc CEO Elon Musk as one of the greatest minds of all time, Cramer turned his attention to Nvidia Corp’s CEO Jensen Huang, whom he now considers to be even more visionary than Musk.
Nvidia recently reported outstanding fourth-quarter earnings, which led to a surge in the company’s stock price and a positive impact on the overall market. Cramer has been a long-time supporter of Nvidia and Huang, whom he considers to be a true visionary shaping the future of technology.
During a segment on CNBC’s “Squawk On The Street,” Cramer expressed his admiration for Huang’s vision for the future, which he believes is coming to fruition. When asked if he believes Huang is a “bigger visionary” than Musk, Cramer didn’t hesitate to respond with a resounding “yes,” calling Huang “the GOAT” (greatest of all time).
Cramer highlighted Huang’s role in spearheading an industrial revolution and changing the entire paradigm of the world through Nvidia’s innovative technologies. While he acknowledged Musk’s ability to see around the corner, Cramer believes that Huang’s vision for the future is on a larger scale, impacting industries beyond just electric vehicles.
This praise for Huang comes after Cramer’s previous accolades for Musk, particularly in relation to Neuralink, Musk’s brain implant technology company. However, Cramer has also been critical of Tesla in recent months due to concerns about the broader EV industry and the company’s disappointing quarterly results.
In contrast, Nvidia has consistently exceeded analyst expectations, driven by the surging demand for its AI chips. Huang’s new vision for the future, where every software enterprise company runs on Nvidia AI software, has further solidified Cramer’s admiration for the CEO.
Nvidia’s stock price soared following the earnings report, with Cramer believing that the stock is still undervalued given its growth potential. He emphasized the importance of Nvidia’s seamless transition to new software applications and the company’s ability to address concerns from analysts and investors.
Overall, Cramer sees Nvidia as a great secular growth story, with the potential to continue outperforming expectations in the tech industry. As Huang continues to lead the company towards new innovations and advancements, Cramer’s admiration for the Nvidia CEO only grows stronger.
In conclusion, Cramer’s praise for both Elon Musk and Jensen Huang highlights the significant impact these visionary CEOs are having on the tech industry. While Musk is revered for his groundbreaking innovations, Huang’s forward-thinking vision and transformative technologies have earned him a place among the greatest minds of our time.
