The semiconductor company Marvell Technology Group (MRVL) was bought at $35.33 eight trading days ago. Partial profits have already been taken. MRVL traded as high as $45.82 on Friday. The low band of the medium-term target was $46. Since the gains happened in a very short time, consider taking profits
Those who were fast have nice profits on Marvell Technology (MRVL) in a short time. It is intended to be a medium-term position. However, if the market does not react well to big tech earnings after hours, this stock is likely to fall back into the buy zone. The
Marvell Technology (MRVL) is a semiconductor company. It is buying Inphi Corporation (IPHI). This will make Marvell a big player in data centers. Demand for the chips from IPHI is likely to increase as more data is stored in data centers due to 5G. Strategically this is a good
This is suitable only for aggressive investors. The buy zone is $34 to $35.76. It is trading at $35.33 as of this writing. The maximum recommended quantity is 20% of full core position size. Marvell (MRVL) is a medium-term position. More later so this post can get to you
This bull market is rewarding tech stocks in high-growth areas such as mobile, storage, big data and social media. In my back testing, technology companies in high-growth areas that beat consensus estimates of analysts for earnings significantly outperform the market. Here are three technology companies that reported earnings Thursday
Thailand is the center of disk drive manufacturing. Recent flooding in Thailand damaged a large number of manufacturing facilities resulting in a lack of adequate supply of disk drives. Seagate [s:STX] is one of the largest manufacturers of disk drives in the world. Compared to the competitors, Thailand
FBR after its checks from Asia reports that the data from Asia is most positive for Marvell (MRVL), Silicon Lab (SLAB), Qualcom (QCOM), and LSI (LSI). The data is most negative for Nvidia (NVDA). The data is also negative for Broadcom (BRCM), Altera (ALTR), and Texas Instruments (TXN).
Western Digital (WDC), the largest player in the disk drive business, announced acquisition of the number three player Hitachi GST (HIT). The real winners are not Western Digital or Hitachi, but two other companies. Seagate Technology Seagate Technology (STX) is the second largest hard disk manufacturer with about 30% market