Marvell Technology, Inc. (NASDAQ:MRVL) was among the stocks covered in Jim Cramer’s Mad Money recap as he urged investors to focus on the fundamentals of companies. When a caller asked about the stock, Cramer said:
Look, I think the world of Matt Murphy. I’ve liked him ever since the stock was in the $20s. My problem is we had a big hit in it, then we didn’t come back in time when it fell. We did have him on. I’m proud that we had him on talking about that he’s the signal, not the noise, and that he bought a lot of stock. And I’m glad that you bought it… Look, we own a lot of stocks. I try not to have more than 30 stocks. I didn’t pull the trigger in the bullpen… I’m always willing to admit when I screw up. I should have pulled the trigger. I didn’t. We bought some other stocks. Fortunately, they were good, too.
Stock market data. Photo by Burak The Weekender on Pexels
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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