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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: Lou Weed who wrote (56166)5/8/2024 6:17:34 PM
From: Trader J1 Recommendation

Recommended By
Lou Weed

  Respond to of 56532
 
ARM: Analyst notes following the report are less than glowing due to price to revs. They do have a point in that ARM isn't a young company and there's still an "expensive" element that may hold it back from any rally. I'm actually comfortable with the valuation given their market and performance but I'll have to go down the rabbit hole a bit more on this to determine if there's just not enough sell-side thesis to move the shares higher.