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Marvell Technology Group, Ltd. (MRVL) [hlAlert]

Rating:
Buy MRVL
down 45.46 %

Marvell Technology Group, Ltd. (MRVL) rated Buy with price target $25 by Auriga U.S.A

Posted on: Wednesday,  Mar 17, 2010  8:25 AM ET by Auriga U.S.A

Auriga U.S.A rated Buy Marvell Technology Group, Ltd. (NASDAQ: MRVL) on 03/17/2010, when the stock price was $20.39.
Since then, Marvell Technology Group, Ltd. has lost 45.46% as of 10/28/2015's recent price of $11.12.
If you would have followed this Auriga U.S.A's recommendation on MRVL, you would have lost 45.46% of your investment in 2051 days.

Marvell Technology is a leading designer, developer and supplier of mixed-signal and digital signal processing integrated circuit for high-speed, high-density, digital data storage and broadband digital data networking markets. The company's goal is to continue to support its customers in providing faster, better solutions to meet their customers' needs for increased bandwidth as communication solutions evolve. The company meets this goal with state-of-the-art chip solutions that enable data transfer in data storage devices and networking applications.

Auriga is committed to providing our clients with market information flow, investment ideas and access to industry experts. We strive to provide value through unique industry knowledge. Our growing research practice is being built with domain experts who have a strong reputation amongst institutional investors. Auriga’s research analysts have also been recognized by numerous industry publications including, The Wall Street Journal and Bloomberg. Our bottom-up fundamental approach is data point driven with a primary focus on growth sectors within the technology and healthcare verticals.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/17/2010 8:25 AM Buy
None
20.39 25.00
as of 12/31/2010
1 Week up  6.07 %
1 Month up  4.14 %
3 Months up  14.67 %
1 YTD down  -1.52 %

(*) Stock Price at the time of the recommendation.
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