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Jim Cramer Says NVIDIA Corp (NASDAQ:NVDA) ‘Has Become a Wasteland’

We recently published a list of Jim Cramer is Talking About These 10 Stocks Amid Global Selloff. Since NVIDIA Corp (NASDAQ:NVDA) ranks 3rd on the list, it deserves a deeper look.

Jim Cramer in his latest program on CNBC talked about the brutal market selloff of Monday and said days like these could make you “cry yourself to sleep.” Cramer said that this “nasty” selloff was expected.

“It’s exactly what you’d expect at this point in the rate cycle, the point where the Fed is about to start cutting rates to bolster the economy. But the economy is going down,” Cramer said.