Jim Cramer explains tech megacaps’ unique place in the market

On Thursday, Jim Cramer from CNBC announced why some big technology names think they use a unique force in the market.

“If you want to make money in the market, you should admit that Megacap stocks have their own animals and do not have to be linked to the federal fund ratio.” He said.

Particularly pointed to the semiconductor giant NvidiaAs companies invaded their products in the middle of the artificial intelligence explosion, their stocks increased rapidly. AI Powerhouse is more than $ 4 trillion, which makes it the most valuable company in the world.

Cramer argued that Nvidia’s interest rates and even some problems in its industry are not “hostage”. Unlike Nvidia, most of the market is greatly affected by the decision of Federal Reserve on increasing or reducing the borrowing rate overnight. In addition, Nvidia’s shares convened after announced that they would invest 5 billion dollars in the problematic chipset manufacturer on Thursday. Intel. Cramer pointed out that Nvidia managed to gain even with the problems selling the company’s plugs in China, and he said he was more than his job in that country.

However, Nvidia said, “One of a handful of companies that seems to be very responsible for their own destiny.” He pointed to the other members of the magnificent seven – Microsoft– Meta– Amazon– Alphabet– Apple And Tesla -This has directed the market to record -breaking heights for the last few years.

“Why do you care about borrowing?” Cramer said.

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Waiver CNBC Investing Club No Trust Nvidia’s shares.