Could Marvell Technology Become the Next Nvidia?

Nvidia (NASDAQ: NVDA) is one of the most popular technology companies on the stock market at the moment, with a market capitalization of nearly $730 billion.

Shares of the graphics card specialist have appreciated tremendously in the past five years as the demand for its products has exploded thanks to their application in several verticals, including gaming PCs (personal computers), gaming consoles, data centers, and self-driving cars, among others.

However, Nvidia's stock market rally has made it quite expensive at 92 times trailing earnings and 58 times forward earnings. Nvidia also has a rich sales multiple of 31. So investors looking to get into this hot tech stock will have to pay a heavy premium to buy into its terrific top- and bottom-line growth.

Source Fool.com