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Nvidia and Marvell Are Still Winners, but Sell These 2 Chip Stocks, Citi Says

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Citi analysts downgrade Skyworks Solutions and Qorvo to Sell from Neutral. It keeps Buy ratings on Nvidia and Marvell.

Competition fears led one analyst team to downgrade a pair of specialty-semiconductor stocks. Nvidia and Marvell Technology remain Buy-rated, however.

Skyworks stock was trading flat Tuesday at $98.21. Qorvo fell 2.1% to $92.92, the worst performer in the S&P 500.

 

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Nvidia and Marvell Are Still Winners, but Sell These 2 Chip Stocks, Citi SaysCiti analysts downgraded Skyworks Solutions and Qorvo to Sell from Neutral in a Tuesday report. It kept Buy ratings on Nvidia and Marvell.
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