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Stock impact report

Jim Cramer's charitable trust bought stocks during Monday's weakness. Here's why [CNBC]

Marvell Technology, Inc. (MRVL) 
Last marvell technology, inc. earnings: 3/4 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: marvell.com/company/investor_relations
Company Research Source: CNBC
“When an important index like the Nasdaq trades at a three-month low, you have to at least buy something that's being thrown out because they can't all be that terrible,” the “Mad Money” host said. CNBC's Jim Cramer said his charitable trust felt compelled to make purchases during Monday's session after it began so negatively, especially in large-cap technology stocks. While the Nasdaq Composite was able to shake off losses of more than 2% to close slightly higher Monday , Cramer said the investment trust saw opportunities to take advantage of the early weakness and acted for multiple reasons. “When an important index like the Nasdaq trades at a three-month low, you have to at least buy something that's being thrown out because they can't all be that terrible,” the “Mad Money” host said. Cramer's charitable trust added to its positions in three stocks: Health-care firm Danaher and semiconductor companies Advanced Micro Devices and Marvell Technology. “We know that many people Show less Read more
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