Jim Cramer Likes Cisco And Microchip Technology

On CNBC's Mad Money, Jim Cramer said he wouldn't sell Cisco Systems, Inc. CSCO. He thinks the recent acquisitions are going to provide growth and move the stock even higher. In case of a pull back, he would buy more.

Microchip Technology Inc. MCHP is a great company, thinks Cramer. He also said he likes the sector and that he wouldn't be concerned to own the stock at its current price level. Cramer added that Marvell Technology Group Ltd. MRVL is currently a better buy.