Marvell Technology Group Ltd. (NASDAQ:MRVL)

kylehusky (< 20) Submitted: 7/1/2011 3:08:00 AM : Start Price: $14.79 MRVL Score: -11.64

MRVL the stock has been just crushed of late and we’re buying it nearly 50% off its recent highs. It’s a big supplier into Research in Motion. With the horrid quarter and collapse in demand for RIMM’s products, MRVL’s been crushed on the very valid concerns that all of RIMM’s problems will trickle down and impact MRVL’s next couple reports. But while that concern is quite valid, we’re only talking about an impact of probably about $50 million to $100 million in the worst case scenario. Kinect alone will more than make up for the RIMM impact this year and especially next year.