Topic: How To Invest

Q: Pat, could I have your feedback on the following companies please: Everspin Technologies and Marvell Technology. Thanking you in advance for your help.

Article Excerpt

A: Everspin Technologies, $4.95, symbol MRAM on Nasdaq (Shares outstanding: 17.1 million; Market cap: $84.5 million; www.everspin.com), is a provider of MRAM (magnetoresistive random access memory) products. The company’s MRAM combines non-volatile memory (a type of memory that retains information even in the absence of power) with the speed of random-access memory (RAM). This provides protection for mission-critical data, particularly in the event of power interruption or failure. Everspin’s MRAM products let its customers in the industrial, automotive and transportation, and enterprise storage markets design reliable systems without the need for bulky batteries or capacitors. Everspin uses both internal and outsourced manufacturing capabilities to produce its MRAM products. Over the past five years, Everspin’s total revenue has increased by 98.4%, from $24.9 million in 2014 to $49.4 million in 2018. Its losses have also rise over that time—from $10.2 million in 2014 to $17.8 million in 2018. On a per-share basis, losses improved, from $4.00 in 2014 to $1.08 in 2018, on more…