Jim Cramer recently discussed NVIDIA Corporation (NASDAQ: NVDA) in his commentary on stocks. Cramer stressed the importance of owning the stock rather than engaging in frequent trading.
"What about the amazing secular growth stocks that I talk about, the ones that are supposed to do well regardless of the economy? What do you do with those? Well, those you shouldn't trade," Cramer said. "A tremendous grower requires a tough as nails attitude where the trick is to sit on your hands and do nothing when they go higher... You know that I always say own NVIDIA, don't trade it. Now, sometimes, like right now, it's difficult because the stock appears stuck in a rut. Other times, it's bountiful. But NVIDIA's a stock that's not meant to be schnitzeled. It's meant to be owned, not traded."
NVIDIA Corporation develops accelerated computing and AI platforms, GPUs for gaming and professional use, cloud services, robotics and embedded systems, and automotive technologies.