2 Stocks That Plunged on Oct. 29 to Buy and Hold Through 2030

• Marvell shares fell 13% after Lumentum acquisition announcement, now 32% below Oct. 28 close. • Company targets $70-90B revenue and over $30 adjusted EPS by fiscal 2031. • ServiceNow dropped 27% after earnings, trades at 10x estimated 2030 free cash flow. Marvell and ServiceNow each fell sharply in late October. Marvell slid 13% after announcing its Lumentum acquisition, while ServiceNow plunged 27% after guiding fourth-quarter cRPO growth down to 18.5%. Neither cut its long-term targets. Marvell sees revenue rising to $70-90 billion and adjusted EPS above $30 by fiscal 2031; the Lumentum deal should be accretive from year one. ServiceNow forecasts subscription revenue of $30 billion by 2030, implying about $11 billion in free cash flow. At current prices both stocks trade at single-digit multiples of those distant targets, making them candidates for patient investors willing to dollar-cost average.