This Explosive Tech Stock Is On Fire After Its Latest Earnings, Suggesting It Is a Screaming Buy

Just last month, I wrote about why Marvell Technology Group (NASDAQ: MRVL) stock looked like a terrific buy despite logging impressive gains in 2021. The chipmaker's fiscal 2022 third-quarter results, released on Dec. 2, offer up some fresh support for my assertions that this hot stock is headed higher.

It appears I'm not the only one who thinks so, as Marvell's stock price shot up 17% after the release of its latest quarterly report which registered outstanding growth in revenue and earnings that helped it crush Wall Street's expectations.

Let's look at the numbers from Marvell's third-quarter report and see how it adds to the argument that this stock's explosive run isn't over yet.

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Source Fool.com