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Jim Cramer rejects doubts about Nvidia, Apple, Warner Bros Discovery

CNBC’s Jim Cramer told investors on Tuesday that it could pay to be confident in a good stock even as a negative narrative about the company gains traction on Wall Street.

“If you want to make big money from individual stocks, you have to have faith,” he said. “Sometimes it doesn’t work – everyone makes mistakes – but if you don’t believe in your stocks, then you’ll never stick with them, whether good or bad.”

Examined outstanding concerns about three major companies: artificial intelligence giant NvidiaiPhone maker Apple and leisure wear Warner Bros. Discovery.

Nvidia has boomed in the last few years as hyperscalers clamor for its advanced semiconductors. The company became the first stock to reach a market cap of $4 trillion earlier this year and briefly rose above $5 trillion in October.

But investors are worried about the company’s business prospects in China due to possible restrictions on sales of the coveted chips. However, Cramer reiterated his confidence in Nvidia’s success. He claimed that President Donald Trump gave Nvidia permission to sell some of its chips in China and that there was still demand for them in the country.

Cramer said Wall Street has generally had reservations about Apple over the years, but the company is a long-term winner. He noted that many people have doubted the success of the company’s latest iPhone in the last few months. However, Cramer pointed out that Apple shares “have been on a huge winning streak since September.” Shares are currently up more than 10% year-to-date.

Cramer applauded WBD CEO David Zaslov’s efforts to pay down his company’s significant debt and improve its HBO streaming service. During netflix And Paramount Skydance Cramer suggested that many on Wall Street doubted that WBD could attract buyers willing to pay a premium.

“Now the buyers are here and the price, which the media initially called unreasonable, appears to be too low,” he said.

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