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Barchart
Barchart
Wajeeh Khan

Should You Buy the Post-Earnings Plunge in Marvell Stock?

Marvell MRVL Harlan Sur JPMorgan

Marvell (MRVL) shares lost as much as 20% today after the semiconductor firm reported weaker-than-expected data center revenue for its fiscal Q2 and issued underwhelming guidance for the future. 

Still, JPMorgan analyst Harlan Sur says long-term investors should treat the post-earnings decline in MRVL share price as an opportunity to load up on a quality name at a meaningful discount. 

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