Jim Cramer Talked About These 7 Stocks Recently

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

Number of Hedge Fund Holders: 105

A caller asked what Cramer thinks of Marvell Technology, Inc. (NASDAQ:MRVL), and he said:

“It’s, you know, its stock is the same price as it was before it got into AI. This is ridiculous. It’s below right around where Matt Murphy, the CEO, bought stock back, bought it personally. I would buy the stock of Marvell, and I’d buy it on Monday.”

Marvell (NASDAQ:MRVL) is a semiconductor company that specializes in data infrastructure. The company’s chips are built to handle the needs of modern data centers. On April 11, commenting on the stock’s decline, Cramer said:

“It’s unbelievable. And Matt Murphy is so fabulous. He bought a lot of stock actually higher. They are doing everything right, but you know what? They are up against some very good competition, and people feel that there’s always going to be some Taiwanese company that’s going to come in… It is now getting no credit for anything it’s done in the data center. I think. Marvell Tech is a buy.”