16 Stocks on Jim Cramer’s Radar Recently

7. Marvell Technology, Inc. (NASDAQ:MRVL)

Number of Hedge Fund Holders: 76

Marvell Technology, Inc. (NASDAQ:MRVL) is one of the stocks on Jim Cramer’s radar recently. A caller asked if the stock is at an inflection point to benefit from the ongoing growth in AI and data center investment. Cramer replied:

“I think, absolutely right. And it just announced a big buyback, and it’s had a lot of insider buying and I’ve gotta tell you, this company has felt very maligned. Marvell is really an excellent company. Matt Murphy’s done a fantastic job. It has been creeping up ever since the so-called disappointment. It was up 3.7 today. You got a winner.”

Marvell Technology, Inc. (NASDAQ:MRVL) provides semiconductor solutions for data infrastructure, developing system-on-a-chip architectures with analog, mixed-signal, and digital processing. The company’s portfolio includes Ethernet controllers, processors, custom ASICs, interconnect and optical products, fibre channel solutions, and storage controllers. During the September 8 episode, a caller asked whether it makes sense to hold shares of the stock. Cramer replied:

“Marvell did not, you’re absolutely right. The guidance was not what I wanted. I believe in Matt Murphy, but I’m going to say no. I’d rather have you own NVIDIA.”