Marvell Technology (MRVL) saw an improvement in its IBD SmartSelect Composite Rating Thursday, from 94 to 96. This move pushes Marvell Technology stock closer to a perfect 99 score.
The new score tells you the company is now outperforming 96% of all stocks in terms of the most important fundamental and technical stock-picking criteria. History shows the top market performers tend to have a 95 or higher score as they launch their major moves.
Is Marvell Technology Stock A Buy?
Marvell Technology is now out of buy range after clearing the 41.44 entry in a flat base.