Jim Cramer denies allegations against Nvidia, Apple and Warner Bros Discovery

CNBC’s Jim Cramer told investors Tuesday that it’s worth having faith in blue-chip stocks, even as negative stories about the company gain momentum on Wall Street.

“If you want to make a lot of money in individual stocks, you have to have faith,” he said. “Sometimes it doesn’t pay off. We all make mistakes, but if you don’t believe in your stock, you won’t stick with it no matter what.”

He reviewed the salient concerns of the three major companies. NvidiaiPhone manufacturer apple and entertainment costumes warner bros discovery.

Nvidia has grown rapidly in recent years as hyperscalers increasingly demand its advanced semiconductors. The company became the first stock to reach a market capitalization of $4 trillion earlier this year, and briefly topped $5 trillion during trading in October.

But investors are concerned about the outlook for the company’s business in China, which could limit sales of the coveted chips. However, Kramer reiterated his confidence in Nvidia’s success. He noted that President Donald Trump just gave Nvidia permission to sell some of its chips in China, suggesting there is still demand there.

Cramer said Wall Street has long had concerns about Apple, but he called the company a long-term winner. He noted that over the past few months, many people doubted the success of the company’s latest iPhone. However, Cramer noted that Apple stock has been on a “significant winning streak since September.” The stock is currently up more than 10% since the beginning of the year.

Kramer praised WBD CEO David Zasloff’s efforts to pay down the company’s significant debt and improve the HBO streaming service. meanwhile Netflix and paramount skydance Cramer suggested that many on Wall Street are wondering whether WBD will be able to attract buyers willing to pay a premium.

“Now the buyer is here and it appears that what the media initially called an exorbitant price was too low,” he said.

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Disclaimer CNBC Investing Club owns stock in Nvidia and Apple.