1 Stock-Split AI Stock to Buy Before It Soars 260% to $10 Trillion, According to Certain Wall Street Analysts
Jim Cramer is one of the most recognizable figures in finance. Some investors may know him as the founder of Cramer Berkowitz, a hedge fund that returned 24% annually over a period of 14 years. Other investors may know him as the boisterous host of CNBC's Mad Money, where he typically ends each show with the catchphrase: "There's always a bull market somewhere."
In 2021, Cramer visited Nvidia (NASDAQ: NVDA) headquarters in Silicon Valley. His conversation with visionary CEO Jensen Huang ranged from autonomous-driving technology to Omniverse, a simulation engine for training AI-powered robots. Cramer came away from the experience with a bold prediction: "This may be a $10 trillion stock."
Interestingly, Cramer is not the only analyst to float that idea. In June, shortly before Nvidia completed a 10-for-1 stock split, Beth Kendig at the I/O Fund wrote in Forbes that Nvidia could be a $10 trillion company by 2030. Her reasons included rapid development of new AI chips, a durable economic moat arising from Compute Unified Device Architecture (CUDA), and participation in other areas of the AI economy, such as networking and software.
Source Fool.com
