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Hot Stock #8 – Marvell (MRVL)
Marvell Technology (MRVL) is truly a marvel of a company.
The data storage and broadband communications equipment maker specializes in so-called “fabless” semiconductor designs. Marvell is a global
player, deriving more than 80% of its revenue from the fast-growing Asian markets. But the real kicker that makes me put MRVL on my shopping list
is that the company is extremely well-positioned to benefit from the growth in the electronic book market. E-books such as Amazon’s Kindle are
becoming mainstream, and I suspect that you may have a Kindle on one of your other holiday shopping lists (I know I do).Marvell recently announced that it is collaborating with E Ink Corp., which is supplier of “e-paper” displays used in many digital-book
readers, to produce the next generation of microchips for these e-book devices. Marvell estimates that by integrating chips, the company can cut the
cost of processors in half. That should cause a big rush to Marvell, and it should be a big driver for the company’s bottom line in 2010.
Stuff Your Stocking With These 10 Hot Stocks
Article printed from InvestorPlace Media, http://www.investorplace.com/2009/12/hot-stocks-to-buy-amzn-aapl-goog-sbux-gld/.
©2012 InvestorPlace Media, LLC














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