Jim Cramer says "it's killing me" that he didn't buy Nvidia (NVDA) for his charitable trust prior to the stock's latest run-up, because the company reminds him of where chip giant Intel (INTC) was back in 1993.
"I have to find a way to get into Nvidia for the trust, and I should have bought it when it was down," Cramer said during a conference call with members of his Action Alerts PLUS club for investors.
"Shoulda, woulda, coulda -- you know that's not the way I like to play it, but Nvidia is Intel in '93," he said.
Cramer said he recently bought Broadcom AVGO for the trust instead because Nvidia "is hideously overvalued when it comes to current earnings. [But] it won't be when it comes to future [earnings]."
Nvidia's shares rose 2.7% to $165 by Friday's close.
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Editors' pick: Originally published July 14.