stocks that declined Tuesday ‘have everything going for them’ [Video]

CNBC’s Jim Cramer reviewed Tuesday’s market action, saying stocks that saw losses — like Nvidia and Eli Lilly — remain winners but had simply run too much.

“The stocks that pulled back today have everything going for them, except that they’ve already run so much that they’ve become vulnerable,” he said.

He underscored his belief that the greater a stock’s gains, the more vulnerable it is to losses, adding that the “greatest stocks of this very moment mostly got pummeled” while the “subpar performers of the last year finally had their day in the sun.”

Cramer used Nvidia, one of his favorite stocks, as an example. Nvidia shares were down a little over 2% by Tuesday’s close, saying this decline was due, in part, to worries about competition from Intel. The company unveiledits new artificial intelligence chip, the Gaudi 3, and claimed it is faster and more power efficient than Nvidia’s H100 …