Cramer's 'Mad Money' Recap: You Look 'Marvell-ous'

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Jim Cramer opened Friday's "Mad Money" show with comments about the $253 million verdict against Merck (MRK Quote) in the first of thousands of lawsuits pending against the drugmaker over its once-popular painkiller, Vioxx. "We don't know the downside with Merck. Why can't anyone ever say that?"

"We are litigation nuts in this country, and the drug companies are more hated than anyone," Cramer said. "To think that any lawyer, corporate executive or analyst can possibly tell you how low Merck can go is ridiculous."

"But, I believe that for the near term, you can expect [Merck's stock] to visit its 52-week low."

Simply Marvell-ous

Marvell Technology (MRVL Quote) reported a "sweet and delicious" quarter Thursday, said Cramer. "I hope you own it, because I think the stock is going up."

But Cramer admonished that if you own the stock and can't explain what the company does and why it's going higher, you should "sell every last share."

Cramer explained Marvell makes chips that go into consumer electronic products and that it's these products that are driving the tech rally.

"It's not a huge part of Marvell's business, yet. But, it's going to get a whole lot bigger."

Marvell makes chips that go into Apple's (AAPL Quote) iPod, Sony's (SNE Quote) portable PlayStation, Sony's new PlayStation 3, Microsoft's (MSFT Quote) new Xbox, and also VoIP products, printers, PDAs, cellular phones and "cutting edge" wireless networking.

"It looks a lot like Broadcom(BRCM Quote), and that stock hasn't been disappointing lately. We like [Marvell] because they've got a solid chip business with good growth in the high-capacity storage market and in the networking market. And, they aren't just levered to the Cramer tech rally. They're the reason the tech rally could ever happen. All these tech products you can go and buy at Best Buy have some Marvell in them."