Cramer’s lightning round: I want to buy more Marvell Technology

Cramer’s lightning round: I want to buy more Marvell Technology


Marvell Technology Inc: “They are the best when it comes to 5G, the best in high-performance computing. But remember, those things have fallen out of favor right now. … I’d like to buy more [for the Charitable Trust.] That’s the way to go.”

Stem Inc: “It got very, very high. We moved away from companies that don’t make money. … We’re not recommending stocks that don’t [make] money.”

AbCellera Biologics Inc: “They do make money, and I will give them that, although it’s not exciting when you’ve got so many great companies like Pfizer that make a lot of money and are inexpensive.”

Capri Holdings Ltd: “I think it’s okay, but apparel is very out of favor with this market.”

Disclosure: Cramer’s Charitable Trust owns shares of Marvell Technology.



Source

Government shutdown means opportune timing for Neptune Flood IPO
Business

Government shutdown means opportune timing for Neptune Flood IPO

The timing of Neptune Insurance Holdings’ IPO couldn’t be more opportune. Neptune, the nation’s largest private flood insurance, debuts on the New York Stock Exchange Wednesday under the ticker symbol “NP.” The company sold more than 18 millions shares in its initial public offering at $20 apiece. The company’s first trade comes just as the […]

Read More
States sue Zillow, Redfin for alleged antitrust violation in online rental housing
Business

States sue Zillow, Redfin for alleged antitrust violation in online rental housing

Rafael Henrique | Lightrocket | Getty Images Attorneys general from five states sued Zillow and Redfin on Wednesday, alleging the companies schemed to stop competition in the online housing rental market. The lawsuit follows a similar one filed by the Federal Trade Commission on Tuesday. Officials from New York, Arizona, Connecticut, Washington and Virginia jointly […]

Read More
EVs, big SUVs drive Ford Q3 U.S. sales up 8.2%
Business

EVs, big SUVs drive Ford Q3 U.S. sales up 8.2%

Ford Mustang Mach-E and F-150 Lightning on display at the New York International Auto Show on March 28, 2024. Danielle DeVries | CNBC DETROIT – Sales of electric vehicles and large SUVs drove Ford Motor‘s third-quarter sales up by 8.2%, the Detroit automaker reported Wednesday. Ford said sales of all-electric vehicles increased by 30.2% during the […]

Read More