• Thu. Jun 27th, 2024

‘Embrace Marvell Technology’

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Jun 27, 2024

It’s that time again! “Mad Money” host Jim Cramer rings the lightning round bell, which means he’s giving his answers to callers’ stock questions at rapid speed. Starting with Palantir, Cramer explains that it is one big, giant black box except for the consumer product goods company, so he suggests seeking advice from others who may have more insight.

Moving on to GameStop, Cramer acknowledges that they have raised enough money to potentially reinvent the company thanks to the support of apes, memes, and kitties. With a significant war chest, GameStop could close underperforming locations and even open nationwide ice cream parlors.

As for Recursion Pharmaceuticals and IonQ, Cramer is more cautious. He mentions that IonQ could be a promising company if it starts making money, while giving no specific advice about Recursion Pharmaceuticals.

Lastly, Marvell Technology is another stock that Cramer is monitoring closely. With the potential for growth, it is one to keep an eye on in the coming months.

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