$Marvell Technology (MRVL.US)$ It has already risen significantly, and the forward P/E ratio of 85 is too high. It needs to decline by 25 to 30 points to bring the P/E ratio below 60 for it to be considered healthy. You can open a position at 160 and go heavy at 140.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.Read more
Comments (2)
to post a comment
1