Jim Cramer on Nvidia: CEO Jensen Huang has a view 20 years ahead, not two quarters ahead

요약 보기

CNBC 진행자 Jim Cramer가 엔비디아 CEO 젠슨 황과의 만남을 회고하며 장기 보유 철학을 강조. 엔비디아 주가는 2017년 6월 이후 약 4600% 상승했다고 언급. 시장이 버블인지에 대해서는 단정하지 않고, 한꺼번에 매수하지 말고 회사 자체를 이해하고 보유하라고 조언. 단기 급락 시 흔들리는 '나쁜 홀더'가 될 수 있다고 경고.

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01. Well, Morgan, time for a little history lesson. September 30th, 2009. That is the date when Jim Kramer first recommended Nvidia on Mad Money in 2010, the year I started at this network. CEO Jensen Hang had his first interview on that show. And June 20th, 2017, that is when Jim Kramer was all in on Nvidia stock, even naming his dog Nvidia.

02. Nvidia stock now up more than 4600% since then. So if you had invested a little more than $20,000 that day, you'd have a million dollars from just that. Now Nvidia has meanted many millionaires over those years. And some of them were present at Jim's investing club meeting with Jensen Hong earlier today.

03. Joining us now is Mad Money host Jim Kramer. He's also got a new book out. I'm gonna hold it up right next to my face here called How to Make Money in Any Market. I like how I have the A's, the green, and the red pointing up, pointing down. Jim, great to have you here over time. So, tell us what did Jensen come into your club meeting?

04. He wanted to meet people who had done well and he wanted I mean, we let me just give you I'll work backwards. We're all done. I say I know he's got a million to go. He says, "No, we want pictures." And so, we were going to do a giant group picture. He said, "No, that's not enough. I want individual pictures.

05. I want pictures row after row. So we did that. He is different. Uh you know he's different. You did that fantastic interview when he got the big deal. Of course then subsequently have an AMD deal we can talk about. But he's a gracious terrific person and he just wanted to thank people for owning it and not trading it.

06. You've also said that about Apple, but you don't give advice based on how nice the CEO is. No, that's true. And you talk about that in the book how you know you don't get attached to management. You you react to what the stock is actually telling you. What was special about Nvidia? What's your advice on how to identify some of these breakout names that are going to be a covering for some of the mistakes that every investor

07. Well, a lot of times what you want to do is you want to gauge the perception versus the misperception. For instance, I thought that Nvidia was a gaming chip company and then I went to the uh Audi showroom. It was now I don't know 12 years ago and I saw these this technological marbles and I started badgering the guy who ran North America out.

08. Whose technology is oh it's just I said no whose is it? And he said it's Nvidia. I said no that's Nvidia. You know there must be I'm sorry that's a gaming chip company. He goes actually no you should be corrected here. It is a company that has tremendous chips that are also in gaming. And that got me thinking now wait a second.

09. Here's a company that I regard as being one a technological marble auto company and they are endorsing a company. I'm wrong. And when you start thinking, you said, "You're wrong, Jim. You're wrong. Dig deeper. Dig deeper. Dig deeper." And finally, we get to the um to the Mecca. We get to his place and we see the things that Jensen's working on and they're insane.

10. I mean, he takes me my first trip. He says, "Here's this. I'm training dogs to metal mechanical dogs, robots to pick up jello cubes." And I said, "Well, why?" He goes, "Because when one gets it all the way up, you have to give them the reward." And I'm thinking, "Well, that doesn't that doesn't really answer the question, Jensen." He goes, "Oh, no, it does.

11. Think about it. That's him. I mean, it's very Socratic. He's a Socratic teacher." And you started realizing maybe I'm just in the presence of someone very different who's got a view 20 years ahead. And he would tell you, we spoke about that, the idea, it's easier to have a view 20 years ahead than it is to have two quarters ahead.

12. Jim, it's Morgan. First of all, congratulations on the amazing investor club meeting today. Uh oh, thank you, Morgan. And uh and on the book as well and and just given this idea of how to make money in any market, given the fact that AI is dominating the market right now, I I wonder what you how you would categorize this market, especially as we've had a lot of folks on our air who have been debating whether we're inflating another bubble or not.

13. Well, look, I think that you have to have tr you have to have trust in the actual stock market. Now, you listen to these people that say it's a bubble, but you want to be in. So, don't buy all at once. I mean, the people who bought aggressively at 9:40 this morning are now your enemy. They are trying to figure out what they did wrong.

14. They want to get out before the next billionaire comes on air and says it's a bubble. They are just really bad holders. And that's who's going to dominate some of these stocks for a couple days because of what happened today. But, you know, Morgan, I always look at I say, do you believe in the company?

15. If you don't believe in the company, you just believed in the trajectory of the stock, then you're going to go, you're going to get blown out. better better to be blown out now than be blown out later. But if you actually believed if you actually read up about say what Jensen's doing and realized that you know it's a $4 trillion company that no one thought it could ever be a trillion dollar company.

16. Well then you it should take solace in the fact that that it did get there and it can go higher. So what I would tell people is do you know what you own? Because if you don't know what you own, you just think you owned a hot nuclear stock. It may cool for a couple of days and it'll shake you out. And that's what you need to be worried about is how badly you're going to take a hit because you didn't know what you bought in the first place.