Marvell really shifted their focus over the last couple of years. They are and will continue to be a large player in the autonomous driving market and 5G infrastructure. Both of these are long-term growth opportunities, not to mention they have cash for other acquisitions and for research & development.
I am hoping for a pullback around $29.00 to go long. That would be a good entry point and I will most likely hold this one for the foreseeable future regardless of what happens. Good luck!
I am hoping for a pullback around $29.00 to go long. That would be a good entry point and I will most likely hold this one for the foreseeable future regardless of what happens. Good luck!