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Marvell Technology (MRVL) demonstrates strong technical momentum and is trading at new all-time highs.
Marvell Technology's Trend Seeker issued a new 'Buy' signal on March 9, driving a 45% gain.
KEY POINTS
- MRVL is projected to grow revenue 32% this year, followed by 36% next year.
- Over the past month, MRVL made 12 new highs and gained 53.2%.
- Wall Street analysts give MRVL 27 'Strong Buy' ratings and price targets up to $164.
- Marvell's Weighted Alpha is +174.06, reflecting outsized momentum over the past year.
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