Arm stock soars 49% on strong AI charged forecast
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- Опубликовано: 5 июн 2024
- Shares of Arm Holdings (ARM) are jumping to all-time highs, as the company posted its fourth-quarter earnings that beat Wall Street expectations on both the bottom and top lines, with solid revenue growth of 14% to $824 million. The company also released its forecast for its first quarter looking for a revenue growth of 38% at the midpoints of its range.
Moor Insights & Strategy Founder, CEO & Chief Analyst Patrick Moorhead joins Yahoo Finance to discuss the explosive gains from Arm, how and why they might continue, and other ways investors may try to take advantage of this AI boom.
Moorhead offers some insight to where investors should start looking for the next big play: "For every Arm win, you have a customer that's winning. Who is Arm's largest customer? It's Qualcomm (QCOM), from a licensing standpoint. Others ones are folks like like Amazon Web Services (AMZN), folks like media tech. People who are benefiting from that, so that's the first place that I would look which are, what are some of the companies that are benefiting that may be potentially overlooked out there? I think that's the first place I would start. "
#youtube #ARM #stockmarket
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Wish I had more arm shares, wasn't doing so well previously. I don't know why critics are complaining about the PE ratios, arms earnings are going to triple this year.
Agree.
I’ve had majority of my holdings in tech stocks and irrespective of market changes, I’ve done pretty well especially with apple’s P/E(price to earnings ratio) gaining over 30% this past decade, now my questions is what stocks do you think will be the next apple in terms of growth for the next decade.
Because Apple has surpassed the competition, it may be difficult to locate the next Apple inside the tech stock industry. It is best to look beyond technology stocks.
Well things are different now, same market strategies applied over last decade wouldn’t apply to the current market, so to actually figure out how to outperform the market and stay afloat for the next decade, you should reach out to a financial advisor, that’s how I’ve managed to properly diversify across the right asset classes and gained over $450k in profit this past couple years.
@@danieljackson87 That’s impressive, have you always had a financial advisor?
Her name is Sharon Ann Meny can't divulge much. Most likely, the internet should have her basic info, you can research if you like.
She seems to be well-educated and well-read. I ran a Google search for her name and came across his website; thank you for sharing.
Apple potential already factored in.
ARM yet to unleash its full potential.
Bigger picture $400 ?
Nvidia just revealed a position in Arm at $147 million
Guess the possibility of buying up ARM is possible.
how far this will go?
Down to $45 probably
Fun Fact: Amazon has employed more PhD economists than any company in the world, 2nd only to the US Federal Reserve.
These experts play a crucial role in steering Amazon into becoming the world’s most diversified company, with involvement across various sectors of the US economy. Amazon is renowned for being the most customer-centric company ever and they have the quarterly revenue to show for it.
SYM may be the next NVIDIA and yes i have a position
NVDA tried to buy ARM but failed, sigh….
The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.
Please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch with the adviser..
Thanks for the efforts you put in these. I find her and i leave her a message.