Jim Cramer Shared His Opinion on These 14 Stocks

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

Number of Hedge Fund Holders: 77

Marvell Technology, Inc. (NASDAQ:MRVL) is one of the stocks Jim Cramer shared his opinion on. Inquiring about the company, a caller asked if it is worth investing in. Cramer replied:

They’re an excellent company, but they’re a derivative company. They make stuff that actually competes, the main part of the business that is a little like NVIDIA, frankly, and they’re also partnered with NVIDIA. They make special chips. They make some of the best special chips in the world, as does Broadcom, by the way. All these are on the negative side.

The long side are things like Western Digital, Sandisk, because these are not in shortage, okay? They just have enough chips. They’re not like that. So what people are doing is buying the shortage stocks and selling the ones, NVIDIA, Broadcom, and Marvell, that don’t have a shortage. It’s a really stupid way to invest, but that’s what the market’s doing right now. And I’m sorry, I wish I could reverse it myself, but I can’t because Matt Murphy is a fabulous CEO at Marvell.

Marvell Technology, Inc. (NASDAQ:MRVL) develops semiconductor solutions for data infrastructure, including system-on-a-chip designs, processors, and networking and storage products.

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