Posted 4/10/2024, 2:32:05 AM
Cramer: NVIDIA and Eli Lilly Still Strong Buys Despite Pullbacks Driven by Competition and Power Usage
- Jim Cramer believes NVIDIA and Eli Lilly are still strong investments despite recent dips
- He attributes the dips to normal profit-taking and market volatility, not long-term issues
- NVIDIA faces some new competition from Intel's latest AI accelerator chip
- AI data centers' high power usage could impact companies like NVIDIA
- Cramer had previously said market pullbacks are buying opportunities, not threats