Why Marvell Technology (MRVL) is a Top Momentum Stock for the Long-Term

Group 1 - Zacks Premium offers various tools for investors to enhance their stock market strategies, including daily updates on Zacks Rank and Industry Rank, access to the Zacks 1 Rank List, Equity Research reports, and Premium stock screens [1][2] - The Zacks Style Scores are complementary indicators that rate stocks based on value, growth, and momentum, helping investors identify stocks likely to outperform the market in the next 30 days [2][3] Group 2 - The Value Score focuses on identifying undervalued stocks using financial ratios such as P/E, PEG, and Price/Sales, appealing to value investors [3] - The Growth Score assesses a company's financial health and future outlook by analyzing projected and historical earnings, sales, and cash flow, targeting growth investors [4] - The Momentum Score identifies optimal times to invest based on price trends and earnings estimate changes, catering to momentum traders [5] Group 3 - The VGM Score combines the three Style Scores to provide a comprehensive rating, helping investors find stocks with attractive value, strong growth potential, and positive momentum [6] - The Zacks Rank is a proprietary model that uses earnings estimate revisions to guide investors, with 1 (Strong Buy) stocks achieving an average annual return of +23.62% since 1988, significantly outperforming the S&P 500 [7][9] Group 4 - Marvell Technology (MRVL) is a fabless designer and developer of integrated circuits, operating in multiple countries including the US, China, and Germany [11] - MRVL currently holds a 3 (Hold) Zacks Rank with a VGM Score of B, and has a Momentum Style Score of A, with shares increasing by 5.9% over the past four weeks [11][12] - Recent earnings estimates for MRVL have been revised higher by 11 analysts, with the Zacks Consensus Estimate rising by $0.04 to $2.79 per share, indicating a positive outlook [12]