Nvidia deserves its valuation, I'm still a believer, says Jim Cramer

Summary

ジム・クレイマーは、投資家が市場で成功を収めるための洞察を提供する「マッドマネー」のエピソードで、特にNVIDIAの株価評価の難しさに焦点を当てています。NVIDIAはAIチップの強さでトリリオンドル企業の仲間入りを果たし、その価値評価は従来の基準では測れないほどです。クレイマーは、AI技術の進化とそれが市場に与える影響、特にNVIDIAが如何にしてその分野でリーダーとなったかを解説し、投資家に対し長期保有を勧めています。また、ウォルマートやパロアルトネットワークスの最新の業績にも言及し、投資判断のための情報を提供しています。

Takeaways

• 💡コカ・コーラの使命は、すべての投資家に平等なフィールドを提供し、お金を稼ぐことを手助けすることです。
• 📈NVIDIAの株価は他と比較できないほど飛躍し、AIチップの強さで1兆ドル企業の会話に参加しています。
• 🛒ウォルマートは3%上昇し、CEOがどのようにして素晴らしい四半期を達成したかを後で説明します。
• 💳キャピタルワンによるディスカバーの買収は、反トラストの検討を受けると予想されます。
• 🔒パロアルトの四半期は期待外れで、CEOが後でその文脈を説明します。
• 🌟ジェンセン・フアン（NVIDIAのCEO）は、テイラー・スウィフトのような存在で、AIとコンピューティングの世界で比較対象がありません。
• 🍏ジェンセンはAIが「iPhoneモーメント」を迎えていると強く信じており、NVIDIAはそれを可能にするキープレーヤーです。
• 🚀NVIDIAはハードウェアだけでなく、ChatGPTやAdobeなどのシステムにも力を入れています。
• 📅NVIDIAは、AIとロボティクスの最新の進歩を発表するGTC2024に向けて準備を進めています。
• 🔮NVIDIAは、AIの進化が「一発屋」ではなく、将来も継続して価値を提供し続けると信じています。

Q & A

「マッドマネー」の目的は何ですか？

「マッドマネー」の目的は、すべての投資家のためにプレイングフィールドを平準化し、お金を稼ぐための支援を提供することです。

なぜNVIDIAの株価評価が難しいと言われていますか？

NVIDIAの株価評価が難しいと言われる理由は、その株が従来のベンチマークや比較によって測定することができないほど、AIチップの強さによって境界を超えているからです。

ウォルマートの株価が上昇した理由は何ですか？

ウォルマートの株価が上昇した理由は、CEOがその「モンスター四半期」をどのように組み立てたかについて話す予定であるからです。

キャピタルワンがディスカバーを買収することの潜在的な問題は何ですか？

キャピタルワンがディスカバーを買収することの潜在的な問題は、その合併が多くの反トラスト（独占禁止法）の精査を受ける可能性があることです。

パロアルトの四半期が失望だった理由は何ですか？

スクリプトからはパロアルトの四半期がなぜ失望だったのか具体的な理由は示されていませんが、CEOがその失望を文脈に置くために後で話す予定であると述べられています。

ジェンセン・フアンとテイラー・スウィフトを比較する理由は何ですか？

ジェンセン・フアンとテイラー・スウィフトは、それぞれの分野で比類のない影響力を持っているため比較されます。ジェンセンはAIとコンピューティングで、テイラーはエンターテインメント業界で、それぞれが独自の道を切り開いています。

NVIDIAがAIの「アイフォンモーメント」を迎えているとジェンセン・フアンが言う意味は何ですか？

ジェンセン・フアンがNVIDIAがAIの「アイフォンモーメント」を迎えていると言うとき、AI技術が社会における革命的な変化をもたらすターニングポイントにあることを意味しています。

なぜNVIDIAの株を所有し、取引すべきではないと言われていますか？

NVIDIAの株は、その業績が長期的な価値を持つ可能性が高いため、所有すべきだと言われています。短期的な市場の変動に左右されずに、その成長を信じて長期投資することが推奨されています。

NVIDIAの技術がどのように多様な産業に影響を与えているかの例は？

NVIDIAの技術は、AI、ロボティクス、自動運転車、さらにはChatGPTやAdobeのようなソフトウェアアプリケーションに至るまで、多様な産業に影響を与えています。

なぜNVIDIAの四半期報告が一時的なものと見なされるべきではないのですか？

NVIDIAの四半期報告は一時的なものと見なされるべきではないのは、同社のAI技術が中心となり、組織がその能力を変革するための基盤となっているため、その影響は長期にわたって持続すると考えられるからです。

Outlines

00:00

📈 株価評価の難しさとNVIDIAの価値

この段落では、株式投資の目的が利益を生み出すことであると述べられています。投資家にとって公平なプレイフィールドを提供し、常に利益を追求する機会があること、そして特にNVIDIAのように評価が難しい株について解説しています。NVIDIAはAIチップの強さによって1兆ドル企業の仲間入りを果たし、急成長を遂げています。この成長は、同社のCEOであるジェンセン・フアンが技術ビジョンと革新においてテイラー・スウィフトに例えられるほどの影響力を持っていることからも明らかです。さらに、AIとNVIDIAの未来に対する楽観的な見方が強調され、投資家に対して長期保有を勧める内容になっています。

05:01

🤖 NVIDIAのAI革命と将来展望

第二段落では、NVIDIAがAI技術における画期的な進歩を遂げていることが中心的に語られています。ジェンセン・フアンCEOのリーダーシップのもと、NVIDIAはゲーミングチップの開発からAIへと事業を拡大し、業界内で群を抜く存在になりました。この進化は、AIが「iPhoneモーメント」を迎えているというフアンの考えによっても示されています。NVIDIAの技術は多くの革新的なプロジェクトとアプリケーションを支えており、それが同社の評価をさらに高めています。さらに、AIの進歩が今後も続くことが予想される中で、投資家はNVIDIA株を長期保有すべきであるとの見解が示されています。

Keywords

💡stocks

The video discusses stocks and stock valuation extensively. Jim Cramer aims to explain and analyze the soaring stock price of Nvidia to justify its trillion dollar valuation. He compares Nvidia to other stocks like Apple and also mentions stocks like Palo Alto Networks.

💡Nvidia

Nvidia is a key company discussed in the video. Jim Cramer calls it an elusive stock that's hard to value using traditional methods. He explains why its AI chips and platforms have fueled enormous growth.

💡AI

Artificial intelligence technology, specifically Nvidia's AI chips and platforms, is discussed as the major driver of its growth. This positions AI as central to understanding Nvidia's valuation.

💡valuation

A key theme is justifying and explaining Nvidia's soaring valuation. Cramer aims to provide analysis and comparisons to benchmark whether its over $500 billion valuation is warranted.

💡Jensen Huang

Jensen Huang is Nvidia's CEO. Cramer compares him to Taylor Swift to illustrate an ambitious leader driving relentless innovation at the company.

💡growth

Exponential revenue/stock growth is used to showcase Nvidia's success. But sustainability of growth is also examined to analyze future prospects.

💡comparisons

Cramer draws comparisons between Nvidia and Apple, Taylor Swift, etc. to provide perspective and explain Nvidia's industry standing.

💡quarters

Earnings results each quarter are mentioned as stock-moving events to watch. However, Cramer advocates long-term investing despite volatility.

💡platforms

Nvidia's AI platforms and ecosystem underpinning new innovations across industries are cited as key competitive advantages.

💡future

There's extensive discussion of Nvidia's future roadmap and prospects based on the total addressable market and growth runways for AI adoption.

Highlights

株式の価値を判断できないことがまれにある

インビディアの株価は常識を覆すほど高騰している

テクノロジー企業の株価変動は一時的なものだとは限らない

インビディアのCEOはテクノロジー分野の大御所の一人

インビディアの株価上昇は創業31年目にしてきた実績の結果

Transcripts

COCA-COLA.

>>> MY MISSION IS SIMPLE.

TO MAKE YOU MONEY.

I'M HERE TO LEVEL THE PLAYING

FIELD FOR ALL INVESTORS.

THERE'S ALWAYS A MOMENT OF

SUMMER AND I PROMISE TO HELP

YOU FIND IT.

MAD MONEY STARTS NOW.

>>> HEY, WELCOME TO MAD MONEY.

I'M JUST TRYING TO MAKE A

LITTLE MONEY.

MY JOB IS NOT JUST

ENTERTAIN BUT TRY TO EXPLAIN

WHAT'S GOING ON.

CALL ME.

SOMETIMES, VERY RARELY BUT

SOMETIMES WE HAVE NO IDEA HOW

TO VALUE A STOCK.

IT JUST ELUDES US.

BEYOND OUR KEN.

THERE'S NO COMPARISONS.

NO TRADITIONAL BENCHMARKS AND I

THINK IT'S SAFE TO SAY INVIDIA

HAS THAT KIND OF STOCK.

WE ALL JUST DRAW BLANKS AS IT

BREAKS EVERY BOUNDY BOUNDARIES.

YES, TODAY.

THE AVERAGES WERE NOT HIGH.

THE TOW DIPPING 64 POINTS.

THE TECH HEAVY NASDAQ WILTING

DOWN .92%.

WE HAD SOME IMPORTANT LEADERS

LIKE WAL-MART SURGING 3%.

WE HAVE THE CEO LATER TO TELL

US HOW HE PUT THAT MONSTER

QUARTER TOGETHER.

CAPITOL ONE BUYING DISCOVER.

TWO CREDIT CARD COMPANIES

GETTING TOGETHER.

I THINK IT'LL BE A LOT OF ANTI

TRUST SCRUTINY.

AFTER THE BELL, WOW.

WE HAD QUARTER FOR PALO ALTO.

WE WILL HAVE THE CEO LATER ONTO

PUT THAT SEVERE DISAPPOINTMENT

INTO A CONTEXT.

PEOPLE SEEM TO BE CARING ABOUT

TODAY IS INVIDIA THAT'S SENT

ITSELF INTO THE TRILLION

DOLLARS CONVERSATION BECAUSE OF

THE STRENGTH IT'S AI CHIPS.

ONE THING THAT'S TRUE FOR BOTH

STOCKS AND PEOPLE.

EVERYBODY HAS TO SUSTAIN FOR

THE REACH.

AND THEIR REACH IS AS IT GETS.

THEY ARE WORTH $573 BILLION.

JUST $165 BILLION IN 2020.

THAT'S WHY THERE IS SO MUCH

KEPT.

MAYBE THEY THINK THE CEO IS

LIKE HAROLD HILL, THE CON

ARTIST KNOWN AS THE MUSIC MAN.

I THINK THAT'S ABSURD.

THEY ARE EXPECTED TO EARN

$21.40 THIS YEAR.

EVEN IF THE STOCKS SKYROCKET

IT'S GOTTEN CHEAPER ON AN

EARNINGS BASIS AND THAT'S THE

REAL TAKE AWAY.

YEP.

ON THE EVE OF NATIONAL NVIDIA

DAY I WANT TO TAKE THE

CHALLENGE OF EXPLAINING THE

STOCK BY PROVIDING THE RELEVANT

COMPARISONS THAT CAN JUSTIFY

THAT SEEMINGLY LOFTY

EVALUATION.

I ALWAYS SAY OWN IT, DON'T

TRADE IT.

THAT'S DOUBLELY TRUE IF IT GETS

SLAMMED IN RESPONSE TO THE

QUARTER.

WITH PALO ALTO, IT COULD GET

CRUSHED BUT I THINK IT'S

DIFFERENT.

MAYBE IT'S MORE LASTING.

WHAT MAKES YOU FEEL THAT WAY?

LET'S TALK THE COMPS.

I WANT TO START WITH WHAT I --

TO ADMIT IS A LEHMAN'S COMP.

ONE THAT WILL PUT MY VIEW OF

JENSEN WONG INTO PERSPECTIVE.

HE IS THE CEO OF TAYLOR SWIFT.

I'M NOT JOKING.

I'M DEAD SERIOUS.

WHILE TAKE TAYLOR IS ON HER

TOUR GOING THROUGH THE

WORLDWIDE ERAS A, SHE IS

WORKING ON THE TORTURED POET'S

DEPARTMENT WHICH WILL DROP ON

APRIL 19th.

TALK ABOUT AN ENCORE.

TAYLOR SWIFT IS A FORCE.

A LARGER THAN LIFE FORCE BUT

THAT'S THE WHOLE POINT.

THERE'S NO COMPARISON IN THE

ENTERTAINMENT BUSINESS BUT IN

AI, COMPUTING THERE'S A PERFECT

COMP.

THE MAN JONAS JENSEN THOUGH

THAT DOES PUT HIM IN A LESSER

LIKED CATEGORY.

EVERY TIME HE BLAZES THROUGH A

TOUR HE HAS SOMETHING ELSE HE

IS WORKING ON.

HE IS THE TECH VISION

DEPARTMENT.

DO WE THINK WHATEVER HAPPENS

TOMORROW IS YEAH OR NO?

NO WAY.

NOBODY IS ABOUT TO CALL IT.

JENSEN IS MORE LIKELY WORKING

ON THE FORMULA TO PUT A PERSON

ON MARS WITHOUT CRASH LANDING

AS HE SOLVES THE PROBLEM OF

BLACK ICE AND SELF DRIVING CARS

OR GIVES ROBOT DOGS TREATS.

THOSE ARE SOME OF HIS HOBBIES.

TAYLOR SWIFT SEEMS TO DO DID

ALL WITH EA SECONDS E. DOESN'T

SURPRISE US WITH HER RISE

BECAUSE ITS BEEN A LONG TIME

COMING.

SAME THING WITH JENSEN.

THIS IS THE 31th YEAR.

IT DIDN'T GET STARTED IN 2021.

NOW THAT'S TORTURE.

THEY SHARE ENERGY AND.

WHEN IT COMES TO AI -- THE ERAS

TOUR MAY STILL BE YEARS AWAY

WITH A STRING OF HITS THAT'S

THE ENVY OF THE INDUSTRY.

IN 2017 I NAMED MY RESCUE MUT T

NVIDIA.

JENSEN WAS STILL WORKING ON

DEVELOPING CHIPS FOR GAME THAT

WERE MAKING THE REST OF THE

PLAYERS LOOK LIKE DACHSHUNDS.

NOW, I KNOW YOU CAN'T PUT A

PRICE ON TAYLOR SWIFT AND HER

FANS BUT I NEED YOU TO GET YOUR

HEAD AROUND THE IDEA THAT

THERE'S NO ANTI HERO HERE.

IT'S NOT ME THAT'S THE PROBLEM,

IT'S YOU WHO MIGHT BE EXHAUSTED

ALWAYS ROOTING FOR JENSEN WONG.

LET'S ADD ANOTHER COMPARISON.

LET'S ADD APPLE THAT CREATED

THE MOST REMARKABLE DEVICE IN

HISTORY.

THE I-PHONE.

JENSEN HAS BEEN ADAMANT THAT AI

HAS A NEW PROGRAM AND IT'S

HAVING AN I-PHONE MOMENT.

SUPER COMPUTERS THINK BETTER

FASTER THAN WE K IT'S ALL IN

THERE AND PART BECAUSE OF

NVIDIA IS SELLING IT.

IT'S NOT JUST HARDWARE.

IF IT WERE JUST HARDWARE THEY

COULD BE GIVING THIS MORE OF A

RUN FOR ITS MONEY.

ALL OF THE DIFFERENT SYSTEMS

THAT -- THE CHAT GPT.

ADOBE.

IT LOWS YOU TO CREATE -- THEY

ARE ALL SPAWN OF NVIDIA.

SURE THE I-PHONE IS JE IS

GENEROUS.

MAYBE PEOPLE WANT TO PAY $1.7

TRILLION NOW.

IT MIGHT CLIMB TO APPLE'S $2.8

TRILLION A FEW YEARS FROM NOW.

EVEN IF JENSEN IS TO DEAL WITH

THE PEDESTRIAN PROCESS TOMORROW

HE IS BUSY HONING HIS KEY NOTE

FOR GCC2024.

THE LATEST BREAKTHROUGHS IN AI

AND ROBOTICS.

MORE THAN 300,000 PEOPLE ARE

EXPECTED TO ATTEND IN PERSON TO

HEAR AI HEARDS.

EVERY SEC TORE UNDER THE SUN.

THEY ARE ALL TOUCHED BY THIS

TECHNOLOGY THAT RUNS ON THE

PLATFORM.

FROM MARCH 18th TO THE 21th.

WHEN PEOPLE RECOGNIZE THAT

THERE IS A DAY AFTER TOMORROW'S

EARNINGS.

KEEP OWNING THE STOCK NEXT

MONTH EVEN IF IT HAS A SHARP

FAULT TOMORROW.

JUST LIKE APPLE AND OTHER STOCK

I SAY YOU SHOULD OWN, NOT

TRADE, THERE'S WIDESPREAD

BELIEF THAT IT COULD BE

VAPORIZED.

IT'S NOTHING MORE THAN A

INTEREST TOURED POET.

IT COULD BE LIKE PALO ALTO

STOCK RIGHT NOW.

OPEN YOUR EYES.

IF YOU THINK ITS QUARTER IS ONE

AND DONE YOU ARE THINKING THAT

AI IS ONE AND DONE.

HOW DO YOU DEAL WITH THE

STATEMENT THAT GENERATIVE AI

HAS MOVED TO THE CENTER STAGE.

ORGANIZATIONS EVERYWHERE LOOK

TO TRANSFORM ITS ABILITIES AND

MAYBE I'M STILL A BELIEVER BUT

I DO KNOW WHY.

IF THEY TAKE A WHACK AT IT

TOMORROW.

REMEMBER FRIDAY IS ANOTHER DAY.

TONY IN FLORIDA.

>> HEY JIM, I JUST WANT TO

THANK YOU FOR EVERYTHING THAT

YOU DO.

YOU AND JENSEN.

CLUB MEMBER SINCE DAY ONE AND I

ENJOY EVERYTHING THAT YOU DO.

>> YOU ARE A GREAT FRIEND OF

THE SHOW AND THE BUSINESS AND

OF THE CLUB.

HOW CAN I HELP?

>> I MET YOU DOWN IN MIAMI

WHEN YOU CAME DOWN TO MIAMI.

>> HOPE I WAS POLITE.

>> YOU AND JEFF WERE GREAT.

>> YOU NEVER KNOW.

BAD DAY.

CATCH ME ON A BAD DAY.

LIKE THE EAGLES LOOSE.

SORRY.

>> THAT'S OKAY.

EVERYBODY HAS BAD DAYS.

WHAT THEY WANT TO SEE WITH

EVERYTHING GOING ON IN THE

WORLD AT THE UNIVERSITY, ISRAEL

AND WITH UKRAINE, I DON'T HAVE

ANY DEFENSIVE STOCKS AND YOU

HAVE THIS IN THE PULL PEN FOR A

WHILE.

RT X, DO YOU THINK THEY ARE A

GOOD --?

>> TELL YOU WHAT I HAVE BEEN

WORRIED ABOUT RT X. I SEE PLANE

COMPANIES SAY LOOK, WE -- WE

ARE BACK -- THE FAN PROBLEM.

THE TERMINAL FAN.

THEY HAVE A DAY -- THEY HAVE

SOMETHING THAT IS WRONG IF THEY

ARE MAKING AND THAT'S KEEPING

PEOPLE AWAY AND MAKING ME MORE

CONCERNED.

I HEAR YOU.

IT IS COMING BACK.

ALL RIGHT.

I THINK THEY DESERVE EVALUATION

LIKE THIS.

IF NOT -- A STOCK ON THURSDAY

MORNING BUT I THINK THE STORY

IS TRUE.

REMEMBER, FRIDAY IS ANOTHER

DAY.

TONIGHT FROM INFLATION TO

DRONES AND ADVERTISING THERE'S

A LOT TO DISCUSS WHEN IT COMES

TO THE HEFT OF WAL-MART AND I'M

-- REPORT ONE THIS AND MISS

ONE.

FAIRLY ROBUST QUARTER AND I'M

RUNNING THROUGH THE NUMBERS AND

SHARING THE RED AND GREEN AND

PALO ALTO NETWORKS, ONE OF MY

FAVORITE NAMES.

JUST GETTING TRASHED AFTER THE

BELL.

I'M GOING TO SIT DOWN AND TALK

TO THE COMPANY CEO.

STAY WITH CRAMER.