The Next Trillion-Dollar Company

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There's no doubt that Nvidia CEO Jensen Huang is the 'man of the moment'. When he speaks, the world listens. In the last 24 hours, he called Marvell Technology the next trillion-dollar company. Less than 2 years ago (October 2024), we highlighted the share as a buy/long idea. From $77, the share has rallied to a high of $277. From a market cap of $70bn to $238bn today, Jensen is forecasting significant upside from current levels.

Are you capitalizing on our trade ideas? Well done to those clients who have been actively participating in these money-making opportunities.

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Further update (Comment Added: Wednesday 04 December at 21h04 / U.S Trading Session)

Wednesday, 04 December 2024 (Time: 11h27)

• In the span of just under 7 weeks, the share has rallied by 37%.

• This includes the after-hours print of +10% to above $106.

Original View discussed on 15 October, below (link: https://www.unum.capital/post/active-trading-plan-tuesday-15-october-2024

Lester Davids

Senior Investment Analyst: Unum Capital