Jim Cramer Discusses Marvell (MRVL) & Amazon

We recently published 9 Stocks Jim Cramer Talked About. Marvell Technology, Inc. (NASDAQ:MRVL) is one of the stocks that Jim Cramer talked about.

Marvell Technology, Inc. (NASDAQ:MRVL) is a chip company that provides products such as signal processors, network adapters, and SoCs. Its shares are down by 27% over the past year and by 8.3% year-to-date. Several analysts have discussed the stock in February. For instance, Benchmark reiterated a Hold rating after Marvell Technology, Inc. (NASDAQ:MRVL) completed its acquisition of Celestial AI. RBC Capital reiterated an Outperform rating and a $105 share price target in January as well. RBC’s discussion of Marvell Technology, Inc. (NASDAQ:MRVL) surrounded cloud computing giant Amazon’s AWS cloud business. The investment bank pointed out that Celestial’s products could be used by Amazon and help Marvell Technology, Inc. (NASDAQ:MRVL) secure a share of the cloud company’s Trainium chip business. These AI chips were also on Cramer’s mind as he wondered why the stock was performing poorly:

“You wanna buy Marvell, cause Marvell is their training, Marvell, you just go buy Marvell, give me a hundred thousand Marvell. . .

Copyright: andreykuzmin / 123RF Stock Photo

“But I want to remind people that most of what Andy Jassy the CEO of Amazon was talking about yesterday, was how great his Trainium is. And the Trainium chip, that’s a Marvell, is their partner. Marvell is only up 6%. It is down 7% for the year. I would buy Marvell even up here. That’s Matt Murphy doing a fantastic job, he’s their partner, I don’t understand why it’s not up more.”

While we acknowledge the potential of MRVL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.