Cramer's 'Mad Money' Recap: Nvidia on Spec

Also, CVTX's pipeline could attract a buyout offer from a big pharma that would rather buy a smaller company than develop its own drugs.

"You could get a double here, or you could get cut in half," he said. But the former possibility is more likely, Cramer said. He stressed that the stock is risky and that he wouldn't buy it after hours.

Tech on Spec

Cramer told viewers that he frowns upon buying tech stocks this early in the year. However, Cramer said he does have a speculative tech name people might want to consider getting into: Nvidia

The stock, Cramer said, hit its 52-week high today of $39.85, but it should still go higher. NVDA is "one of the few winners in the PC supply chain" and "one of a handful of tech stocks that have momentum right now," he said.

Cramer believes that NVDA is surpassing its competition with its new processors and that, as a maker of graphic chips, it could profit from supporting the growing gaming industry.

Moreover, he said that NVDA is also benefiting from the fact that it is levered toward Intel (INTC Quote) laptops.

The lack of support from analysts, he said, surprises him. But Cramer believes that more analysts should upgrade their stance on NVDA and send the stock much higher