By Ry Frank:In this article I look at five stocks in the rebounding technology and basic materials sectors. I will examine fundamentals and upside/downside catalysts. I will match them to a close competitor and make my recommendation.
Marvell Technology Group (MRVL) is a mid cap in the technology sector currently trading at around $16 per share. With a market cap of more than $9 billion, it is a larger player in the semiconductor-integrated circuits industry than mere name recognition suggests.
Contender STMicroelectronics N.V. (STM) is also a mid cap in the technology sector trading at about $7 per share with a market cap of just over $6 billion. It is in the broad line semiconductor industry.
Financial strength and soundness tend to favor Marvell. The balance sheet shows it is sitting on about $2.4 billion in cash and cash equivalents. The truly persuasive argument in favor of Marvell comes in the form
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