LSI Corporation
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More Bullish Sentiment for This Chipmaker in 2013
By Anh HOANG - May 23, 2013 | Tickers: LSI, MRVL, STM
Recently, Marvell Technology (NASDAQ: MRVL) reported impressive earnings results, handily beating analysts’ estimates. Right after the earnings results announcement, its share price experienced a nice rise of nearly 7% to $12.05 per share in the after hours trading. Marvell has been in the portfolio of several famous investors including Joel Greenblatt, Whitney Tilson, David Einhorn and Chuck Royce. Is Marvell Technology a good company for investors at the current more »
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David Einhorn Sells This Chipmaker. Don't Worry!
By Anh HOANG - April 12, 2013 | Tickers: LSI, MRVL, STM
Recently, David Einhorn, one of the most successful hedge fund managers, has sold around 1.27 million shares in Marvell Technology Group (NASDAQ: MRVL) at around $10.16 per share, with a total transaction value of around $12.9 million. David Einhorn has been publicly bullish on this chipmaker for several years.
Should investors consider this sale as the change in his opinion about Marvell? Should we turn bearish on more »
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David Einhorn Sells This Chipmaker. Don't Worry!
By Anh HOANG - April 9, 2013 | Tickers: LSI, MRVL, STM
Recently, David Einhorn, one of the most successful hedge fund managers, has sold around 1.27 million shares in Marvell Technology Group (NASDAQ: MRVL) at around $10.16 per share, with a total transaction value of around $12.9 million. David Einhorn has been publicly bullish on this chipmaker for several years. Should investors consider this sale as the change in his opinion about Marvell? Should we turn bearish on more »
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Marvell Will Head Higher in 2013
By Anh HOANG - February 26, 2013 | Tickers: LSI, MRVL, STM
Hedge fund manager David Einhorn has been bullish on Marvell Technology (NASDAQ: MRVL), increasing his stake in the company from 16.6 million shares in the third quarter of 2011 to more than 51.8 million shares. As of December 2012, Marvell became his fourth biggest position, accounting for 5.9% of his total portfolio. However, Marvell has just reported depressing full year 2013 earnings results. Both the revenue and more »
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Why You Should Buy Marvell After the Huge Selloff
By Meena Krishnamsetty - January 1, 2013 | Tickers: BRCM, INTC, LSI, MRVL, QCOM
Marvell Technology (NASDAQ: MRVL) was down as much as 15% last week on news that a federal jury has ordered the chip-maker to pay nearly $1.2 billion for infringing on patents held by Carnegie Mellon University. The initial damage award comes out to about $2 per share, but the stock is only down $1.30, effectively pricing in a $700 million hit or 60% of the total award.
With more »
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3 Things To Watch For In Marvell's Upcoming Earnings Report
By Adam Levy - November 14, 2012 | Tickers: LSI, MRVL, WDC
Marvell Technology (NASDAQ: MRVL) is set to report its Q3 results on November 15. Last month, the company revised its guidance from $800-$850 million in revenues down to $765-$785 million. This comes after a weak Q2 report where the company missed analysts’ earnings estimates by $0.02 per share.
The earnings miss and the revised guidance has caused analysts to shrink their estimates for this quarter from an more »
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Is Billionaire Einhorn In More Trouble At Marvell?
By Meena Krishnamsetty - October 23, 2012 | Tickers: BRCM, LSI, MRVL, STM, TXN
During the second quarter, billionaire David Einhorn’s Greenlight Capital bought 7.2 million shares of Marvell Technology Group (NASDAQ: MRVL), an increase of nearly 40% in the fund’s position. At the end of June Greenlight owned 25.6 million shares, and the processor and data storage company was one of its five largest holdings by market value (find more of billionaire David Einhorn's favorite stocks). Last week more »
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A Chipmaker David Einhorn is Bullish About
By Anh HOANG - October 22, 2012 | Tickers: LSI, MRVL, STM, TXN
Marvell Technology Group (NASDAQ: MRVL) recently issued its Q3 business outlook last Thursday. As the overall PC industry weakened, demand for its HDD storage decreased, and the company had to lower its Q3 guidance. It expected Q3 revenue to be in the range of $765 - $785 million, much lower than its prior guidance range of $800 - $850 million, whereas Wall Street expected its revenue to be $813.4 million.
That more »
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Billionaire Ken Griffin’s Citadel Bought This Stock
By Meena Krishnamsetty - October 14, 2012 | Tickers: LSI, MRVL, MCHP, NXPI, STM
According to a 13G filed with the SEC, Citadel Investment Group owns just over 30 million shares of LSI Corporation (NASDAQ: LSI). At the end of June Citadel, which is managed by billionaire Ken Griffin, had owned 25 million shares and this had represented a doubling of the fund’s position from the beginning of April. Find more stocks that Citadel bought during the second quarter. LSI provides semiconductor products more »
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The Implications of OCZ Technology's Market Price
By Nikhil Shamapant - October 4, 2012 | Tickers: FIO, LSI, MSFT, OCZ
OCZ Technology(NASDAQ: OCZ) is worth around 400 million to 500 million in an acquisition, really depending on the value of it's Indilinx subsidiary. On its own, however, it's worth a heck of a lot less.
For an investor, valuation is all-important. The price you buy is the permanent determining factor in your future investment returns, so it's important to make sure you're getting a deal more »
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Data Storage Paupers: Tomorrow's Princes?
By T. M. Loyd - September 25, 2012 | Tickers: DTLK, LSI, OCZ, STEC
Where are the bargains in a multi-billion dollar industry that has had decades to develop? Data storage is seeing renewed interest as the digital age zips forward and cloud computing becomes the foundation of the Escher house the Web is building. There are definitely cheap data storage stocks out there -- but are the businesses behind them primed to grow, or is it smoke and shadows?
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My Favorite Growth Stock Was a Big Mistake
By Nikhil Shamapant - September 19, 2012 | Tickers: FIO, LSI, OCZ |
Back in June, I took a look at a seemingly magnificent growth stock opportunity. In my article The Cheapest Growth Stock I had ever seen, I said OCZ Technology Corporation (NASDAQ: OCZ), I said that OCZ Technology Corporation was my favorite growth stock because of 4 major factors. First, it was in a stellar growth industry: solid state memory. Second, the company had a quality management and was making some more »
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Is OCZ Worth your Money?
By Keki Fatakia - July 17, 2012 | Tickers: AMZN, FIO, LSI, OCZ, VMW
OCZ Technology Group (NASDAQ: OCZ), whose products mainly include solid-state drives (SSDs), came out with a wider than expected fiscal first quarter loss, even though it did report a robust growth in revenue. Since then, Wall Street gave a severe pounding to the stock price. So is Wall Street’s reaction to OCZ’s performance justified?
Well, let’s take a brief look at what OCZ produced in its first more »
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The Cheapest Growth Stock I've Ever Seen
By Nikhil Shamapant - June 8, 2012 | Tickers: FIO, LSI, MSFT, OCZ
Buying growth stocks is dangerous business. While it's easy to buy into the next growth story, people don't tend to realize how hard it is to predict big and grand things like "market positioning" and "industry growth" for a company. When you add in expensive prices, you can often get big flops on little information (see Mako Surgical's 3-month 32% dive). There are some stories, however, that more »
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Stumped over Seagate
By Keith Speights - May 25, 2012 | Tickers: FIO, LSI, SNDK, STX, WDC |
Why is Seagate (NASDAQ: STX) priced so low? Sure, certain stocks become undervalued from time to time in the natural ebb and flow of the financial world. I’m stumped, though, as to why Seagate isn’t trading higher – much higher. Either I am totally missing something or this stock presents a fantastic value right now. Let’s examine Seagate from three perspectives to see if I’m missing something more »
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LSI Corp: Strong Earnings; Cheap Stock
By Frank Constantino - April 26, 2012 | Tickers: LSI
LSI Corp (NASDAQ: LSI) reported Q1 earnings after the bell on Wednesday. The company handily beat analyst's expectations, reporting non-GAAP earnings of $0.20 per share on $622 million revenue. Wall Street had expected the company to post earnings of $0.14 per share on revenue of less than $600 million.
LSI is a worldwide leader in the development and marketing of semiconductors and software for hard disk drives more »
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5 Trading Ideas Under $10
By Michael French - January 27, 2012 | Tickers: ATPAQ.PK, CCG, HL, LSI, SIRI
Getting into a cheap stock before it takes a steep climb toward the sky is every investor’s dream, but finding the next big thing is easier said than done. Nonetheless, there is no shortage of stocks under $10 a share that will produce results; even if they don’t become the next Google (GOOG) and trade at over $600 per share. Let’s take a look at the following more »