![]() ![]() Visit Performance Disclosure for information about the performance numbers displayed above. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. The monthly returns are then compounded to arrive at the annual return. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. These returns cover a period from Januthrough February 6, 2023. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.52% per year. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. and Morningstar, Inc.Ĭopyright 2023 Zacks Investment Research | 10 S Riverside Plaza Suite #1600 | Chicago, IL 60606Īt the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. Forbes Media, LLC Investor's Business Daily, Inc. Each of the company logos represented herein are trademarks of Microsoft Corporation Dow Jones & Company Nasdaq, Inc. This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. Investors in the Computer and Technology sector will want to keep a close eye on IPHI as it attempts to continue its solid performance. Looking more specifically, IPHI belongs to the Semiconductor - Analog and Mixed industry, which includes 12 individual stocks and currently sits at #158 in the Zacks Industry Rank. This means that Inphi is outperforming the sector as a whole this year. Meanwhile, the Computer and Technology sector has returned an average of -11.96% on a year-to-date basis. ![]() This is a sign of improving analyst sentiment and a positive earnings outlook trend.Īccording to our latest data, IPHI has moved about 0.39% on a year-to-date basis. Within the past quarter, the Zacks Consensus Estimate for IPHI's full-year earnings has moved 68.28% higher. IPHI is currently sporting a Zacks Rank of #1 (Strong Buy). This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Collectively, these companies sit at #3 in the Zacks Sector Rank. Inphi is one of 627 individual stocks in the Computer and Technology sector. The acquisition is expected to close in the first half of 2021.Investors focused on the Computer and Technology space have likely heard of Inphi, but is the stock performing well in comparison to the rest of its sector peers? Let's take a closer look at the stock's year-to-date performance to find out. The companies estimate that they can generate $125 million in annual cost synergies within 18 months of closing, and that the deal will become accretive to adjusted earnings per share within the first year. The transaction will be funded in part with $4 billion of new debt, with the remainder coming from cash on hand. Marvell estimates that its total addressable market will expand to $23 billion after the purchase while accelerating the growth of the combined company. "Inphi's technologies are at the heart of cloud data center networks and they continue to extend their leadership with innovative new products, including 400G data center interconnect optical modules, which leverage their unique silicon photonics and DSP technologies." Now what "Our acquisition of Inphi will fuel Marvell's leadership in the cloud and extend our 5G position over the next decade," Marvell CEO Matt Murphy said in a statement. ![]()
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