Sunday, May 25, 2014

Seeking Alpha: Marvell Moving On Mobile

In the relatively short time since I last wrote on Marvell Technology (MRVL), the company's shares have done all right - rising about 3% and keeping pace with the SOX Index while modestly outperforming Qualcomm (QCOM) and Broadcom (BRCM). I continue to have my concerns about the company's long-term positioning in mobile/wireless, but the shares don't seem all that expensive in a semiconductor sector that doesn't have too many bargains. What's more, if the company gets a few breaks going its way (including holding off rivals like MediaTek and Spreadtrum in China), there could be some worthwhile upside to my assumptions.

Read the full article here:
Marvell Moving On Mobile

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