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Marvell Stock's Price Tag Is A Matter Of Time
The chipmaker looks expensive on today's numbers, but the real question is what you are paying for the earnings of tomorrow. At a glance, Marvell Technology (MRVL) stock looks expensive. Trading at about $277.75, the price is roughly 68.6 times this year’s expected earnings. For many investors, that high multiple is where the analysis stops.
The chipmaker looks expensive on today's numbers, but the real question is what you are paying for the earnings of tomorrow. At a glance, Marvell Technology (MRVL) stock looks expensive. Trading at about $277.75, the price is roughly 68.6 times this year’s expected earnings. For many investors, that high multiple is where the analysis stops.
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