Jim Cramer says you can still find stocks to buy on tough days in the market
NvidiaNvidia(US:NVDA) CNBC·2026-03-18 22:58

Company Insights - Nvidia is highlighted as a strong investment opportunity despite current market volatility, with Jim Cramer recommending it as a stock to buy due to its independence from geopolitical tensions and inflation concerns [1] - The company has experienced muted stock performance over the past eight months, but upcoming announcements from the GTC developers event, including a new inference chip and significant order expectations, could lead to a breakout [1][2] - Analysts at Cantor Fitzgerald project Nvidia's earnings per share could reach $15 by 2027, suggesting a forward price-to-earnings ratio of about 12 times, compared to the S&P 500's 18 times [3] Market Context - The broader market faced significant declines, with the Dow Jones Industrial Average dropping over 750 points, or 1.6%, due to inflation fears exacerbated by rising oil prices linked to geopolitical events [4] - Federal Reserve Chairman Jerome Powell's comments indicated that inflation is not slowing as expected, although he alleviated concerns about stagflation, stating that unemployment levels are not indicative of a 1970s-style economic crisis [5] - Cramer noted the difficulty in finding good stocks in the current market climate, emphasizing Nvidia's position as a rapidly growing company with low valuations, which makes it an attractive option despite potential short-term pressures from oil prices and Federal Reserve policies [6]

Jim Cramer says you can still find stocks to buy on tough days in the market - Reportify