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This Quarter's Sentiment:
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SocialPicks Community
Bullish on MRVL ...
MRVL
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-2.05%
in
496 days
Analysts' Recommendation: Buy 30 Days Ago: Buy Analysts' Target: $21 Analysts' Targets Oppenheimer & Co. Inc. $21 Buy Friday, May 30, 2008 Caris & Company $19 Above Average Friday, May 30, 2008 AmTech Research $23 Buy Friday, May 30, 2008 Lehman Brothers $18 Overweight Friday, May 30, 2008 Friedman, Billings, Ramsey & C $23 Mkt Perform Friday, May 30, 2008 Kaufman Brothers $17 Hold Friday, May 30, 2008 UBS Securities $20 Hold Friday, May 30, 2008 BWS Financial $22 ...
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MRVL is a HOLD
MRVL
From the Blogosphere
Company News for November 19, 2009 – Corporate Summary
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• Bank of America/Merrill (NYSE:BAC) downgraded a number of semiconductor companies, expecting a modest inventory correction, even as economies improve and demand for electronics rises. Four shares were downgraded to neutral, including Intel (NASDAQ:INTC), Texas Instruments (NYSE:TXN), Marvel Technology Group (NASDAQ:MRVL) and LSI Corp (NYSE:LSI). The form lowered Maxim Integrated Products (NASDAQ:MXIM), National Semiconductor (NYSE:NSM), Power Integrations (NASDAQ:POWI) and Microchip Technology (NASDAQ:MCHP) to underperform <>• Advanced Micro Devices (NYSE:AMD) rose 10.6% yesterday. Th><>><>><>><>><>><>><>><>>< /><><>< />><>< />><>< />>>< />...
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Merrill Turns Cautious On Chips, Foundries; Many Downgrades; Stocks Swoon
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Bank of America/Merrill Lynch chip analyst Sumit Dhanda this morning turned cautious on semiconductor stocks, downgrading a slew of stocks; his colleague Daniel Heyler made a comparable on the foundries, lower ratings on a number of stocks. <>“We are downgrading our view on the sector given unfavorable indications from our cyclical framework,” he writes. “In particular, our industry model suggests that following a period of rapid replenishment of inventory and normalization of semi shipments to true consumption levels, inventories in the supply chain are approaching a level suggesting a modest><>><><><>><>>><><>><>>><><>><>>><><>><>>><><>><>>><><>><>>><><>><>>><><>><>>>><>><>><>><><><>><>>><><>><>>><><>>><><>>><><>><>>><><>><>>><><>>><><>><>>><><>>>><>><><>><>><>><>><>><>><>><>><>><>><>>><><>< />><>< />><>< />><>< />><>< />>>< />...
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Why It's the Right Time for EZchip
Israeli router chip company EZchip Semiconductor Ltd. (EZCH) supplies, via its Yokne’am neighbor Marvell (MRVL), the chips for Cisco’s new routers. These are advanced routers currently undergoing checks and trials at many Cisco (CSCO) customers, particularly the giant telecommunications companies. For EZchip, this probably means that it is on the eve of a strong boost to sales and profits. The growth will come all at once in one of the coming quarters. <>This being the case, I am exploiting EZchip’s low share price, and tripling my investment in it. I added EZchip to my portfolio exactly t<>>>...
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Morgan Turns Cautious On Chips, Semi Equipment; Downgrades Many Stocks
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Morgan Stanley this morning turned cautious on both the chip stocks and the semiconductor equipment sector, downgrading ratings on many names in the group. <>In a research note, Morgan chip analyst Mark Lipacis writes that his EPS estimates, which last spring were 25% above the consensus, are now 5% below the Street. “EPS, gross margins utilization and growth metrics tell us that we are in the final innings of the semi cycle,” he writes. “Peaking fundamentals lead us to shift from mid-cycle to cycle-peak P/E multiples and lower our price targets. On average, our price targets imply 5% upside t><>><>><><><>>><><>>><><>>><><>>><><>>><><>>><><>>><><>>><><>>>><><>><>><>><>><>><>><>><>><>><>><>>><><>><>><>><>><>><>>><>><>><><>><>><>><>><>><>><>><>><>><>><>>><><>< />><>< />><>< />><>< />><>< />>>< />...
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Roth Capital Cuts Intel, Several Chips
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Roth Capital Partners analyst Arnab Chanda this morning lowered his rating on several chip stocks to “Hold” from “Buy,” citing the risk of a modest inventory build given high projeced margins and growth at Intel (INTC), Marvell (MRVL), Nvidia (NVDA) and others. “Overall, we’re getting the sense that lead times in the semi industry have gone up a lot. There may be orders that are ‘phantom,’ or double-orders,” Chanda told me in a phone conversation this morning. <>“Second, the PC end markets are probably flat year over year, but look at Intel’s [projected Q4 revenue] growth of ><>><>><>><><><>><>>><>><>><>><>><>><>><>><>><>><>><>><>><>>><><>< />><>< />><>< />><>< />><>< />>>< />...
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Outlook for Marvell?
- Some of my north Cal friends work there. Why has Marvell price been going up in the last few months?
Is this a good time to get in? How will it lo
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