Better Buy: Marvell Technology vs. Broadcom
Semiconductor stocks have been a blessed lot so far this year. The PHLX Semiconductor Sector Index has shot up impressively in 2017 thanks to several tech trends, including connected cars, the Internet of Things (IoT), mobile devices, and enterprise storage, that have boosted chip demand.
Marvell Technology Group (NASDAQ: MRVL) and Broadcom (NASDAQ: AVGO) are making good use of the expanding semiconductor market opportunity by tapping one or more of these trends. Not surprisingly, both these stocks have done extremely well over the past year, up more than 40%.
Source: Fool.com
Marvell Technology Inc. Stock
€59.57
-1.340%
The stock is one of the favorites of our community with 45 Buy predictions and 2 Sell predictions.
With a target price of 78 € there is a positive potential of 30.94% for Marvell Technology Inc. compared to the current price of 59.57 €.
