Previous Close | 41.00 |
Open | 41.00 |
Bid | 22.30 |
Ask | 23.80 |
Strike | 35.00 |
Expire Date | 2024-12-20 |
Day's Range | 41.00 - 41.00 |
Contract Range | N/A |
Volume | |
Open Interest | N/A |
Zacks.com users have recently been watching Marvell (MRVL) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Bull put spreads continue to work well in this market, and today we're looking at another example on Marvell Technology. Marvell Technology recently broke out past resistance and is showing rising relative strength. Marvell is a fabless designer, developer and marketer of analog, mixed-signal and digital signal processing integrated circuits.
Based on the average brokerage recommendation (ABR), Marvell (MRVL) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?