$ARM Holdings Ltd(ARM)$ - nice move yesterday. Up 9% for the day after analyst pick stock for long term growth potential.
$ARM Holdings Ltd(ARM)$ is becoming ubiquitous when it comes to AI chips and more (e.g.: $Apple(AAPL)$ M chips).
The steady AI horse $ARM which has a unique licensing business and is growing in double digits %. Q4 revenue rose 47% Y-o-Y.
Since $ARM Holdings Ltd(ARM)$ is a design firm, it has great margins and converted 69% of that to $637M in free cash flow.
TrendSpider
The stock has next resistance on the channel at $130. looking for calls above $130. And the stock is strong on indicator level.
$ARM to 137 in play if it holds above $122. Calls can work above $122 — @EliteOptionsTrader
Saddle up and let's get this bear hunt under way?!
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