EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stock Under $10 that he thinks could potentially double or triple in the next 6 to 12-months. See what he's trading today with a 14-day FREE pass.

Reprint Email

TheStreet Wire

Marvell Technology Group Ltd. (MRVL): Today's Featured Electronics Loser

By TheStreet Wire 05/30/12 - 05:01 PM EDT

Find out if (MRVL) is in Cramer's Portfolio.

Marvell Technology Group (MRVL) pushed the Electronics industry lower today making it today's featured Electronics loser. The industry as a whole closed the day down 1.3%. By the end of trading, Marvell Technology Group fell 27 cents (-2.1%) to $12.78 on average volume. Throughout the day, 12 million shares of Marvell Technology Group exchanged hands as compared to its average daily volume of 11 million shares. The stock ranged in price between $12.71-$12.89 after having opened the day at $12.89 as compared to the previous trading day's close of $13.05. Other company's within the Electronics industry that declined today were: Microvision (MVIS), down 26.3%, Enphase Energy (ENPH), down 10.1%, Maxwell Technologies (MXWL), down 8.5%, and Semiconductor Manufacturing International C (SMI), down 7.9%.

Marvell Technology Group Ltd. designs, develops, and markets analog, mixed-signal, digital signal processing, and embedded and standalone ARM-based microprocessor integrated circuits. Marvell Technology Group has a market cap of $7.49 billion and is part of the technology sector. The company has a P/E ratio of 14.1, equal to the average electronics industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 5.6% year to date as of the close of trading on Tuesday. Currently there are 17 analysts that rate Marvell Technology Group a buy, one analyst rates it a sell, and seven rate it a hold.

TheStreet Ratings rates Marvell Technology Group as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and a generally disappointing performance in the stock itself.

You can view the full Marvell Technology Group Ratings Report.

On the positive front, Hoku (HOKU), up 59.2%, Nortech Systems Incorporated (NSYS), up 29.1%, SL Industries (SLI), up 15.8%, and Aehr Test Systems (AEHR), up 14.5%, were all gainers within the electronics industry with Veeco Instruments (VECO) being today's featured electronics industry winner.

Use our electronics section to find industry-relevant news.
Or find some new ideas from our top rated stocks lists.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the electronics industry could consider iShares Dow Jones US Technology (IYW) while those bearish on the electronics industry could consider ProShares Ultra Short Semiconductor (SSG).

Find other investment ideas from our top rated ETFs lists.

For more information on Marvell Technology Group Ltd. click any of the following:

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:

$2.5+ million portfolio
Large-cap and dividend focus
Intraday trade alerts from Cramer
Weekly roundups

Dividend Stock Advisor

TRY IT FREE

New! $49.95/yr

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:

Diversified model portfolio of dividend stocks
Alerts when market news affect the portfolio
Bi-weekly updates with exact steps to take - BUY, HOLD, SELL

Stocks Under $10

TRY IT FREE

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:

Model portfolio
Stocks trading below $10
Intraday trade alerts
Weekly roundups

Real Money

TRY IT FREE

24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.

Product Features:

Jim Cramer + 20 Wall Street pros
Intraday commentary & news
Real-time trading forum
Actionable trade ideas

Real Money Pro

TRY IT FREE

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:

Real Money + Doug Kass + 15 more Wall Street Pros
Intraday commentary & news
Ultra-actionable trading ideas

Options Profits

TRY IT FREE

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.