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MRVL moved down to $36 in early November. The stock then climbed up to $45 within weeks. MRVL traded sideways until early to mid-January, when it jumped up to $54. The stock then dipped right back down to $40 in early March, jumped to $48 in mid-March, and is now hovering around $49.
Is MRVL worth buying around $49 per share, or should investors hold off until more profit is taken off the table? Let’s find out.
