We recently published a list of Jim Cramer Put These 10 Stocks Under the Spotlight. In this article, we are going to take a look at where Marvell Technology, Inc. (NASDAQ:MRVL) stands against other stocks that Jim Cramer discusses.
On Friday, Jim Cramer, host of Mad Money, discussed how recently, the market’s movements are largely influenced by the White House, with the Federal Reserve playing a somewhat smaller role. He pointed out that this places investors in a tough spot, especially since the Fed can only adjust interest rates, but the White House can have a much more immediate impact through its posts and announcements. Cramer humorously noted that for one day, the market was free from presidential posts, and it seemed to thrive.
“I want to remind you that at any moment, the president can wreak havoc on anything, I have to say with a gratuitous post, reminding people that there’s more pain ahead.”
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Cramer emphasized that he has been critical of what he sees as unnecessary and provocative posts from the president. He noted that these remarks often add to the sense of unease among investors, especially when they hint at more economic pain ahead.
While many are aware of the ongoing trade war, Cramer emphasized that it does not help to repeatedly be reminded of the looming challenges. Right now, he said, people are feeling particularly anxious. He pointed to the alarming drop in the University of Michigan’s consumer sentiment survey and highlighted:
“People fear inflation and worry about their savings, which happens to be in many cases, the stock market.”
According to Cramer, many people do not fully understand the implications of tariffs, and since they haven’t been adequately explained, they simply assume tariffs will lead to higher prices at the grocery store, which, unfortunately, is likely true.
Cramer acknowledged that the president and his team have deliberately chosen not to focus on the stock market, likely because they do not want it to become a direct reflection of their performance. While he agrees with this approach, Cramer believes it is still important to recognize that the market is ultimately a gauge of public sentiment.
“Think of the market as a gauge of hope versus despair. The results lately demonstrate despair even if today we finally got a solid session. The cause and effect are so palpable that you don’t need me to tell you how these gains came about.”
Our Methodology
For this article, we compiled a list of 10 stocks that were discussed by Jim Cramer during the episode of Mad Money aired on March 14. We listed the stocks in ascending order of their hedge fund sentiment as of the fourth quarter of 2024, which was taken from Insider Monkey’s database of over 1,000 hedge funds.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
An assembly line in a semiconductor factory, with workers at their stations.
Marvell Technology, Inc. (NASDAQ:MRVL)
Number of Hedge Fund Holders: 105
A caller asked if it was the ultimate buying opportunity in Marvell Technology, Inc. (NASDAQ:MRVL) with the recent big pullback after its latest earning report. This is what Cramer said in response:
“The answer is yes. Right now, the stock trades at a level that it did before it even had artificial intelligence. That’s ridiculous. Matt Murphy’s doing an amazing job. I think that stock is an incredible bargain. I am a buyer, Marvell Technology.”
Marvell Technology (NASDAQ:MRVL) is a semiconductor company focused on providing solutions for data infrastructure, with a range of products tailored to support the demands of contemporary data centers. Columbia Seligman Global Technology Fund stated the following regarding Marvell Technology, Inc. (NASDAQ:MRVL) in its Q4 2024 investor letter:
“The portfolio’s holdings in semiconductor and semiconductor equipment companies such as Broadcom and Marvell Technology, Inc. (NASDAQ:MRVL) contributed to performance relative to the fund’s benchmark. Broadcom and Marvell were two overweight positions for the portfolio compared to the benchmark and both company’s stock prices moved higher during the fourth quarter. Marvell Technology is a semiconductor chip manufacturer that primarily focuses on developing and producing technology for data infrastructure. During the fourth quarter, Marvell announced an expansion of its existing relationship with Amazon Web Services (AWS), which includes collaboration across multiple AWS products and the use of AWS’ cloud infrastructure.”
Overall, MRVL ranks 3rd on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of MRVL as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than MRVL but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.
