In June, Jensen Huang ($NVDA CEO) took the stage at Computex and described Marvell as “the next trillion-dollar company”
$MRVL was worth about $191 billion at the time. The stock jumped about 25% the following morning
and continued climbing until it reached about $330 per share
The stock closed Friday at $141. That puts the company’s value at about $124 billion
Less than it was worth before Jensen said a word
The price far exceeded fair value, and now it’s falling. Anyone who bought the stock on the hype near the peak has lost more than 50%
This is what happens when you buy the hype instead of buying at a good valuation...
Again... the price you pay matters
To make a good investment, you need a great company at a good price! You need both.
$NVDA
$MRVL was worth about $191 billion at the time. The stock jumped about 25% the following morning
and continued climbing until it reached about $330 per share
The stock closed Friday at $141. That puts the company’s value at about $124 billion
Less than it was worth before Jensen said a word
The price far exceeded fair value, and now it’s falling. Anyone who bought the stock on the hype near the peak has lost more than 50%
This is what happens when you buy the hype instead of buying at a good valuation...
Again... the price you pay matters
To make a good investment, you need a great company at a good price! You need both.
$NVDA
