Marvell Technology, Inc. (NASDAQ:MRVL) was among the stocks on Jim Cramer's Mad Money radar as he taught investors how to profit from the upcoming wave of takeovers. Cramer highlighted NVIDIA CEO's endorsement of the company, as he remarked:
Marvell Tech's next. It got optical networking, and most important is the endorsement of NVIDIA CEO Jensen Huang, who predicted it'll be the next trillion-dollar company. If he's right, there's a lot more upside. Marvell's just a $260 billion company.
Photo by Yiorgos Ntrahas on Unsplash
Marvell Technology, Inc. (NASDAQ:MRVL) develops semiconductor solutions for data infrastructure, including system-on-a-chip designs, processors, and networking and storage products. Cramer discussed the company during the May 27 episode and said:
Oh, then there's Marvell Technology. Lots of people think that this one was totally uncatchable, but that's untrue. Late last year, okay, get this, late last year, there had been this kind of noise about maybe Marvell had lost a huge chunk of business, okay? Last time CEO Matt Murphy had come on in December, when the stock was at $88, he told us that he just reported and there was no loss of business. People were lying about what he was saying.
Marvell Tech's next. It got optical networking, and most important is the endorsement of NVIDIA CEO Jensen Huang, who predicted it'll be the next trillion-dollar company. If he's right, there's a lot more upside. Marvell's just a $260 billion company.
Photo by Yiorgos Ntrahas on Unsplash
Marvell Technology, Inc. (NASDAQ:MRVL) develops semiconductor solutions for data infrastructure, including system-on-a-chip designs, processors, and networking and storage products. Cramer discussed the company during the May 27 episode and said:
Oh, then there's Marvell Technology. Lots of people think that this one was totally uncatchable, but that's untrue. Late last year, okay, get this, late last year, there had been this kind of noise about maybe Marvell had lost a huge chunk of business, okay? Last time CEO Matt Murphy had come on in December, when the stock was at $88, he told us that he just reported and there was no loss of business. People were lying about what he was saying.
26 days ago
