Latest news with #ClearBridgeInvestments
Yahoo
14-07-2025
- Business
- Yahoo
Morningstar Gives Marvell Technology (MRVL) a Narrow Economic Moat Rating
Marvell Technology, Inc. (NASDAQ:MRVL) is one of the 10 Best Semiconductor Stocks to Buy According to Reddit. Morningstar gives the company a narrow economic moat rating. As per the firm, Marvell Technology, Inc. (NASDAQ:MRVL) has intangible assets in networking chip design, allowing it to compete at the cutting edge and shield its competitive position. Furthermore, the company tends to benefit from switching costs. Morningstar anticipates the company to earn excess returns on invested capital, more likely than not, over the upcoming 10 years. An assembly line in a semiconductor factory, with workers at their stations. Marvell Technology, Inc. (NASDAQ:MRVL)'s billions of dollars of cumulative R&D over the previous decade have developed a portfolio of differentiated intellectual property. Through this, the company can build custom and semi-custom designs for myriad applications and customers, added the firm. It expects the data center to remain Marvell Technology, Inc. (NASDAQ:MRVL)'s largest end market. The company's AI chip sales have been driving impressive growth, and Morningstar maintains its long-term confidence in the rapid and growth runway for its AI portfolio. ClearBridge Investments, an investment management company, released its Q2 2025 investor letter. Here is what the fund said: 'We also added a starter position in Marvell Technology, Inc. (NASDAQ:MRVL) in June. Marvell is a company we have been tracking through our ownership of Nvidia and work on the AI semiconductor complex over the last several years. Similar to Broadcom, Marvell designs chips and networking equipment that power technologies like AI, cloud computing and 5G infrastructure and has a particularly strong interconnect business. While Marvell has a high-quality asset portfolio to compete in the custom application-specific integrated circuits (ASICs) chip business, the stock has lagged AI accelerator peers like Nvidia and Broadcom as its ramp in AI revenue has been slower than others in the ecosystem. We believe this dynamic can reverse in coming years as more of Marvell's customer wins ramp up. Marvell's valuation has compressed significantly over the past six to nine months and the stock now trades at a healthy growth-adjusted discount to AI semi peers, providing an attractive entry point.' While we acknowledge the potential of MRVL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 13 Cheap AI Stocks to Buy According to Analysts and 11 Unstoppable Growth Stocks to Invest in Now Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
13-07-2025
- Business
- Yahoo
Goldman Sachs Initiates Coverage on Microchip Technology (MCHP) Stock With a Buy Rating
Microchip Technology Incorporated (NASDAQ:MCHP) is one of the Most Promising AI Stocks to Buy Now. Goldman Sachs began coverage on the company's stock with a 'Buy' rating and a price objective of $88.00. The firm sees Microchip Technology Incorporated (NASDAQ:MCHP) as a leading global supplier of microcontrollers and analog products throughout diverse markets. This places the company for growth as the sector sees recovery. As per the firm, the microcontroller market remains in the early stages of a recovery. It is presently shipping at levels that are well below end demand, which creates growth potential that can surpass Wall Street estimates. A semiconductor wafer at various stages of fabrication, showing the company's range of expertise. The strong growth of AI has been transforming data centers, which creates an unprecedented demand for high-performance, secure, reliable, and innovative solutions. Microchip Technology Incorporated (NASDAQ:MCHP) remains focused on addressing such evolving market needs through developing advanced technologies for data center connectivity, storage, and data retrieval. From accelerating high-speed connectivity as well as storage rates to optimizing power and management systems, Microchip Technology Incorporated (NASDAQ:MCHP) believes that its innovations support next-generation AI workloads and provide scalability for customers. ClearBridge Investments, an investment management company, released its Q1 2025 investor letter. Here is what the fund said: 'Also within the IT sector, we added Microchip Technology Incorporated (NASDAQ:MCHP), which supplies analog and mixed-signal microprocessors for use in the automotive, industrial, computing and other industries. We took advantage of recent weakness in the stock to add to the position. We believe that the return of the company's prior CEO and efforts to rebuild relationships with customers has resulted in Microchip recovering market share to prior levels, and that it represents an attractive cyclical improvement story with asset optimization improvements and good business visibility.' While we acknowledge the potential of MCHP as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 13 Cheap AI Stocks to Buy According to Analysts and 11 Unstoppable Growth Stocks to Invest in Now Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
13-07-2025
- Business
- Yahoo
Mizuho Lifts PT on Broadcom (AVGO) Stock
Broadcom Inc. (NASDAQ:AVGO) is one of the 10 Best Semiconductor Stocks to Buy According to Reddit. Mizuho analyst Vijay Rakesh raised the price target on the company's stock to $315 from $310, while keeping an 'Outperform' rating. The firm increased estimates and price targets for several names in the broader semiconductors and semiconductor capital equipment group. The firm took a look at the data center and AI server market after the re-rating post the Liberation Day selloff. Overall, the firm expects Broadcom Inc. (NASDAQ:AVGO) to achieve industry-leading FY 2026 gross margins and operating margins, with potential FCF growth. A technician working at a magnified microscope, developing a new integrated circuit. In Q2 2025, Broadcom Inc. (NASDAQ:AVGO) achieved record revenue due to continued momentum in AI semiconductor solutions and VMware. Its Q2 2025 AI revenue saw an increase of 46% YoY to more than $4.4 billion, thanks to the strong demand for AI networking. Broadcom Inc. (NASDAQ:AVGO) expects growth in AI semiconductor revenue to accelerate to $5.1 billion in Q3 2025, delivering 10 consecutive quarters of growth, with the company's hyperscale partners continuing to invest. In Q2 2025, the company saw a record FCF of $6.4 billion, up 44% YoY. ClearBridge Investments, an investment management company, released its Q2 2025 investor letter. Here is what the fund said: 'Adding Broadcom Inc. (NASDAQ:AVGO), a leader in semiconductor design for communications and networking devices, enables the Strategy to better participate in the development of custom silicon chips for AI computing. Broadcom is well-positioned for continued healthy investment in AI, working with several large technology companies to develop custom silicon that we expect to grow alongside robust demand for Nvidia's all-purpose GPUs. The company's cloud infrastructure software business should also continue to grow for the next several years given its entrenched position within enterprises.' While we acknowledge the potential of AVGO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 13 Cheap AI Stocks to Buy According to Analysts and 11 Unstoppable Growth Stocks to Invest in Now Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
13-07-2025
- Business
- Yahoo
Morningstar Gives Marvell Technology (MRVL) a Narrow Economic Moat Rating
Marvell Technology, Inc. (NASDAQ:MRVL) is one of the 10 Best Semiconductor Stocks to Buy According to Reddit. Morningstar gives the company a narrow economic moat rating. As per the firm, Marvell Technology, Inc. (NASDAQ:MRVL) has intangible assets in networking chip design, allowing it to compete at the cutting edge and shield its competitive position. Furthermore, the company tends to benefit from switching costs. Morningstar anticipates the company to earn excess returns on invested capital, more likely than not, over the upcoming 10 years. An assembly line in a semiconductor factory, with workers at their stations. Marvell Technology, Inc. (NASDAQ:MRVL)'s billions of dollars of cumulative R&D over the previous decade have developed a portfolio of differentiated intellectual property. Through this, the company can build custom and semi-custom designs for myriad applications and customers, added the firm. It expects the data center to remain Marvell Technology, Inc. (NASDAQ:MRVL)'s largest end market. The company's AI chip sales have been driving impressive growth, and Morningstar maintains its long-term confidence in the rapid and growth runway for its AI portfolio. ClearBridge Investments, an investment management company, released its Q2 2025 investor letter. Here is what the fund said: 'We also added a starter position in Marvell Technology, Inc. (NASDAQ:MRVL) in June. Marvell is a company we have been tracking through our ownership of Nvidia and work on the AI semiconductor complex over the last several years. Similar to Broadcom, Marvell designs chips and networking equipment that power technologies like AI, cloud computing and 5G infrastructure and has a particularly strong interconnect business. While Marvell has a high-quality asset portfolio to compete in the custom application-specific integrated circuits (ASICs) chip business, the stock has lagged AI accelerator peers like Nvidia and Broadcom as its ramp in AI revenue has been slower than others in the ecosystem. We believe this dynamic can reverse in coming years as more of Marvell's customer wins ramp up. Marvell's valuation has compressed significantly over the past six to nine months and the stock now trades at a healthy growth-adjusted discount to AI semi peers, providing an attractive entry point.' While we acknowledge the potential of MRVL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 13 Cheap AI Stocks to Buy According to Analysts and 11 Unstoppable Growth Stocks to Invest in Now Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
12-07-2025
- Business
- Yahoo
Here's Why Pembina Pipeline (PBA) Declined in Q2
ClearBridge Investments, an investment management company, released its 'ClearBridge Global Infrastructure Income Strategy' second quarter 2025 investor letter. A copy of the letter can be downloaded here. Markets rebounded in the second quarter of 2025 after a first-quarter correction, overcoming tariff, growth, and geopolitical concerns. Initially, stocks fell following President Trump's announcement of reciprocal tariffs on April 2, but a delay in their implementation, several bilateral trade deals, and a softer stance from Trump on China and Federal Reserve policy helped improve the outlook. Listed infrastructure proved resilient during April's market fluctuations, outperforming the broader market, and maintained stability as equities rebounded in May and June. In addition, please check the fund's top five holdings to know its best picks in 2025. In its second quarter 2025 investor letter, ClearBridge Global Infrastructure Income Strategy highlighted stocks such as Pembina Pipeline Corporation (NYSE:PBA). Pembina Pipeline Corporation (NYSE:PBA) is an energy transportation and midstream services provider. The one-month return of Pembina Pipeline Corporation (NYSE:PBA) was -4.24%, and its shares lost 2.49% of their value over the last 52 weeks. On July 10, 2025, Pembina Pipeline Corporation (NYSE:PBA) stock closed at $36.83 per share, with a market capitalization of $21.575 billion. ClearBridge Global Infrastructure Income Strategy stated the following regarding Pembina Pipeline Corporation (NYSE:PBA) in its second quarter 2025 investor letter: "U.S. energy infrastructure company ONEOK and Canadian energy infrastructure company Pembina Pipeline Corporation (NYSE:PBA) were the largest detractors. Pembina Pipeline provides transportation and midstream services for the energy industry in North America, with a focus on the Western Canadian Sedimentary Basin (WCSB). The market is currently focused on the outcome of toll renegotiations for the Alliance Pipeline, which has significantly over-earned in the last several years. We believe the market is overreacting to the potential normalization in the tolling rate, which we believe will have only a low-single-digit impact on a group earnings basis. Looking beyond this, Pembina is positioned as a market leader in providing pipeline and midstream processing services to the fast-growing WCSB, which is seeing a step change in growth driven by liquified natural gas (LNG) and liquified petroleum gas (LPG) exports and a growing petrochemical industry in Alberta." Aerial shot of an offshore oil platform, the orange hue of the ocean water and the steel structure representing the company's extensive oil and gas production. Pembina Pipeline Corporation (NYSE:PBA) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 25 hedge fund portfolios held Pembina Pipeline Corporation (NYSE:PBA) at the end of the first quarter, compared to 17 in the previous quarter. While we acknowledge the potential of PBA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. In another article, we covered Pembina Pipeline Corporation (NYSE:PBA) and shared the list of small-cap energy stocks hedge funds are buying. In addition, please check out our hedge fund investor letters Q2 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. This article is originally published at Insider Monkey. Effettua l'accesso per consultare il tuo portafoglio
