Colin Cieszynski Marvell Technology Group MRVL-Q WATCH Mar 24, 2025

It reports Thursday. People buy this as an AI play. It could hit $100 if certain segments perform.

Loves it. 12-month price target of $88.50. Buy in thirds here around $66, $63, and just under $60. This correction is happening right now. The king of edge computing, which is just starting to get rolling.

She added more AVGO. Could be volatile, but was encouraged by Marvell's latest report in which AI was very strong for them, and their non-cyclical business had bottomed and was improving. AVGO's AI business is firing on all cylinders and trades cheaply.

Penetration into AI and data centres is not particularly strong. He'd prefer AVGO, or even AMD. A long shot might even be MU, at a much cheaper valuation.

Up 100% this year and just reported a strong quarter that triggered a 23% rally in one day.

It has seen strong insider buying, and a strong quarter with the slower cyclical segments finally turning the corner.

He owned, but sold a bit early. He had a nice profit, got off the train, but the train kept going. Got rid of all chip exposure on worry that valuations were really getting out of whack on lofty sentiment. First-rate management and product. Growth is slowing, future earnings are muted, yet still over 20x PE.

If you believe in the story, you could buy a bit, tuck it away, and the potential return could be great 3-5 years from now. Problem is that technology changes so quickly, so today's winner can become tomorrow's loser. Think of INTC.

Is wildly oversold after their quarter. Shares are below when they had no AI. Start buying here.

Is in the middle of an historic decline, despite its earnings having an historic advance. It's been punished enough. Buy a quarter position here and another at $50. The CEO bought a ton of stock.