Jim Cramer: This Semiconductor Stock Is ‘Overvalued’ But He’s ‘Sticking With It’

On CNBC’s "Mad Money Lightning Round," Jim Cramer said he knows Nvidia Corp (NASDAQ: NVDA) is overvalued right now. However, "I think a year from now, the stock’s going to be higher, and I’m sticking with Nvidia," he added.

On CNBC’s “Mad Money Lightning Round,” Jim Cramer said he knows Nvidia Corp (NASDAQ:NVDA) is overvalued right now.

However, “I think a year from now, the stock’s going to be higher, and I’m sticking with Nvidia,” he added.

When asked about Home Depot Inc (NYSE:HD), Cramer said, “I think that the Fed is directly targeting renovation and building of homes.” He added, “But you have to stay the course.”

See Also: Cramer Says This Stock Is Up 21 Points – ‘That’s Way Too High’

The “Mad Money” host said recommended selling GoPro Inc (NASDAQ:GPRO).

Cramer said Lucid Group Inc (NASDAQ:LCID) is losing a lot of money and he is not recommending stocks that are losing money.

When asked about Tilray Brands Inc (NASDAQ:TLRY), he said, “Their time has come.” He recommended buying the stock.

Wabash National Corporation (NYSE:WNC) is a “very, very strong company.” “I think it’s a winning idea,” he added.

Cramer said he is willing to back SoFi Technologies Inc (NASDAQ:SOFI) CEO Anthony Noto right here.

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MMX