NVIDIA Corporation (NASDAQ:NVDA) is included in Mad Money’s latest recap as Jim Cramer outlined his strategy for market sell-offs. Cramer explained why the stock is going down, as he commented:

… Most painful, we have stocks that go down two and then up one. Take a look at NVIDIA. This is a stock that’s already down over 20% from its highs set last October, including a 11% slide since 2026 began. Right now, NVIDIA sells for less than 15 times next year’s earnings estimates. What can I say? 15 times. I think that’s because the whole war has become a PE multiple-shrinking event. Why sell NVIDIA when you can buy it back later? Why buy it? Why do you need it? Okay, that’s first of all. Then why do you buy it? Can’t think of a reason. Why do you sell it? Because you can buy it back lower. If it can go below 15 times earnings, why not 14 times? Why not 13 times? Maybe it doesn’t matter.

Photo by Christian Wiediger on Unsplash NVIDIA Corporation (NASDAQ:NVDA) develops accelerated computing and AI platforms, GPUs for gaming and professional use, cloud services, robotics and embedded systems, and automotive technologies. While we acknowledge the potential of NVDA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years  Disclosure: None. Follow Insider Monkey on Google News.