By Syeda Seirut Javed
Publication Date: 2026-10-02 21:33:00
During the September 28 episode of Mad Money, Jim Cramer focused on NVIDIA Corporation (NASDAQ:NVDA), reiterating his classic mantra to own rather than trade the stock while highlighting a major corporate development. He commented:
Of course, remember the other own it, don’t trade stock, NVIDIA. Today, it announced a sound plan based on engineering that could control the run amok autonomous agents. We keep hearing about ones unleashed by Anthropic and OpenAI. Many other big tech companies, including Anthropic, have joined NVIDIA’s effort. Plus, NVIDIA announced a monster $150 billion buyback today. That’s the biggest ever. Watchers in this show and members of the CNBC Investing Club know I’ve been calling for that. Let’s hope it’s actively managed to take advantage of momentary dips.
NVIDIA ranks #6 on our list of 11 AI Stocks That Will Go to the Moon. Which five AI stocks rank even higher? Check out the full list here.
Data Center Expansion And Extraordinary Cash Generation
The fundamental bull case for NVIDIA Corporation (NASDAQ:NVDA) rests on operating metrics and unmatched cash generation capacity. The company recently posted quarterly revenue of $96.2 billion, representing a massive 106% increase year-over-year, supported by Data Center revenue surging to $89 billion. Gross margins remain exceptionally strong at approximately 75%,…
