Marvell Technology Group (MRVL)

He targets $108. They just beat top and bottom lines and raised guidance. They delivered record Q1 revenue, a 63% pop YOY. Are running on all cylinders. Strong momentum.

The market didn't like their quarter and sold it, but it's wrong. He likes that the stock bounced at $60 and is up to $71 today.

Good to buy at current levels. They last delivered a good quarter apart from one glitch with a customer.

Interesting company. Big issue on semi demand is really the Chip Act, how it applies to China, and what it does to demand for everyone else. China will be looking to increase market share. You want bigger and better, so he'd probably rather own AVGO.

Semiconductors, broadly, have become like shooting fish in a barrel since ChapGPT made its debut in late 2022. All are pretty cyclical. Likes others better, such as NVDA and AVGO.

A year ago, everyone was trying to find the next best thing to NVDA. System-on-a-chip puts chips out closer to the data, a nice niche. 12-month price target of $112.50, great runway.

They are doing everything right, but face very good competition. This gets no credit in data centres.

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.

As with other semiconductors, has really tumbled in last few months. Possibility of a bounce here. Old resistance was $75, and would look pretty good if it can break through that. So watch for that $75; if it breaks through and particularly with volumes picking up, that would be encouraging.

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

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.

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

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

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.

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.