Can One + One = Three: Buy Lumentum, Sell Marvell (NASDAQ:MRVL)
· seekingalpha.com
Marvell seeks to acquire Lumentum to secure photonics supply, integrate solutions, and block competitors. I rate MRVL as Sell and LITE as Buy. Read my analysis.
The photonics sector’s leader is Marvell ( MRVL ), which I reported on in June ( optics replaces copper ) , and it wants to buy Lumentum ( LITE ), which I als...