TSM - Cramer Calls Datadog 'Dynamite' Puts SoFi In Dog House: 'What The Heck Is Going On' | Benzinga
On CNBC’s "Mad Money Lightning Round," Jim Cramer said Marvell Technology, Inc. (NASDAQ: MRVL) reported a mixed quarter. "We got to wait," he added.
Last week, Marvell Technology unveiled a significant development in semiconductor technology through an expanded partnership with Taiwan Semiconductor Manufacturing Co (NYSE: TSM), launching the first-ever 2nm silicon intellectual property (IP) technology platform.
Cramer recommended buying Datadog, Inc. (NASDAQ: DDOG), saying that it is a "dynamite" company. "It is expensive, but they really know what they’re doing," he noted.
On Feb. 13, Datadog posted upbeat sales for its fourth quarter, but issued FY24 EPS guidance below estimates. The company clocked fourth-quarter FY23 revenue growth of 26% year-on-year to $589.649 million, beating the consensus of $568.695 million.
When asked about Centrus Energy Corp. (NYSE: LEU), he said, "Very speculative situation. I want you to buy the GE spinoff ...