From Yahoo Finance: 2025-04-23 12:08:00

In a recent article, Marvell Technology Inc. (NASDAQ: MRVL) was examined alongside other stocks under $100 favored by hedge funds. The company provides data infrastructure semiconductor solutions across various platforms. With 105 hedge fund holders, Marvell’s share price as of April 22 is $49.38. In FY2025, their data center segment exceeded $1.5 billion AI revenue target, with plans to reach over $2.5 billion in FY2026.

Chris Davis of Davis Advisors emphasized the importance of selectivity in the market, noting that the MAG7 doesn’t reflect individual company fundamentals. He stresses a focus on value and growth, seeing active management resurgence due to market shifts. Davis highlighted the impact of transitions like normalizing interest rates and deglobalization on investing environments.

Marvell Technology Inc. (NASDAQ: MRVL) ranks as the 6th best stock under $100 according to hedge funds. Despite good growth potential, consideration for high returns in AI stocks is emphasized. While collaborating with AWS for cloud computing, Stifel lowered Marvell’s price target to $80 citing tariff impacts. The company aims to excel in AI and cloud technologies for future growth and success.



Read more at Yahoo Finance: Is Marvell Technology Inc. (NASDAQ:MRVL) the Best Stock Under $100 to Buy According to Hedge Funds?