Jim Cramer Analyzes the Impact of Geopolitical Conflict on NVIDIA Shares

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.

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