By Matthew J. Belvedere
Publication Date: 2026-02-05 18:15:00
Don’t sweat the decline in Nvidia stock, CNBC’s Jim Cramer said Thursday. Calling Nvidia the GOAT — the greatest of all time — Cramer likened the AI chip king’s industry prowess and resiliency to that of boxing champ Muhammad Ali. “I recognize that you’ve been taking a beating in Nvidia,” Cramer said during “Squawk on the Street.” “There have been moments of beat-downs that are extraordinary, but this may be the Muhammad Ali.” Widely considered the GOAT of boxing, Ali gained and lost and regained heavyweight titles. He was also known for his rope-a-dope style of leaning back against the ropes and taking tremendous punishment to let his opponent tire himself out, and before roaring back with a vicious counterattack to win the fight. Cramer said that over the years of recommending that investors “own, not trade” Nvidia, there have been times when the stock has tanked and seemed down and out, like Ali, only to rally back to life because the Jensen Huang-led company is just so good at what it does. Cramer first recommended Nvidia in late 2009. Since then, the stock has skyrocketed, as of Thursday trading, by more than 40,000%. During the CNBC Investing Club’s annual meeting back in October, Huang appeared on stage before an audience of many Nvidia millionaires and thanked Cramer for supporting his company. “Float like a butterfly, sting like a bee” — is one of Ali’s most enduring quotes, emphasizing the need bob and weave to evade punches and then strike with…