ALAB Pullback? Time to Add or Exit?

Astera Labs rose to $95 but then pulled back with the broader market. ---------------- Is a good time to add or exit? Backed up with big guys, will the chip company repeat trend of ARM? What's your target price for Astera Labs?

avatarETF Tracker
03-24

Reddit and Astera Labs IPO Frenzy: Strategies to Ride the Wave of New Listings

The initial public offering (IPO) of Reddit has drawn attention to IPO ETFs.The "American subreddit" Reddit made its debut on the New York Stock Exchange under the ticker symbol "RDDT". The stock was initially priced at $34 per share, but opened at $47 on its first day of trading, marking a 38.2% increase.By the close of trading, Reddit's stock soared by 48% on its first day, marking the first IPO for a social media company since Pinterest's debut in 2019. Reddit's performance upon listing will serve as a significant window into observing the state of the IPO market's recovery within the tech industry.What are IPO ETFs?IPO ETFs are exchange-traded funds primarily invested in stocks of companies that have recently gone public through an IPO. These ETFs provide investors with diversified por
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Reddit and Astera Labs IPO Frenzy: Strategies to Ride the Wave of New Listings
avatarTiger_comments
03-21

Can Reddit Surprise Investors Like Astera Did on the Debut?

$Astera Labs, Inc.(ALAB)$ , AI concept company, surged 72% and closed at $62.03 during its trading debut.The company aims to enhance chip efficiency by integrating with other data center components and has secured deals with major AI chipmakers like $NVIDIA Corp(NVDA)$ and $Advanced Micro Devices(AMD)$. With an IPO price of $36, Astera's price-sales ratio stands at approximately 47 times.How will another AI concept stock $Reddit(RDDT)$ perform today?Reddit prices its initial public offering at $34 and will start trading tonight. Reddit warned in its prospectus that trading in its shares could be particularly volatile.Wall
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Can Reddit Surprise Investors Like Astera Did on the Debut?
avatarShyon
03-26
Without doubt, $Astera Labs, Inc.(ALAB)$ and $Reddit(RDDT)$ are the 2 extreme meme stocks in March. Both of them are new IPO released stocks which largely attract market attention.  It depends sometimes IPOs are beneficial and can make you quick money and sometimes or we can say most of the time IPOs are like traps for retail investors or beginners since shares of IPOs get dumped upon the retailers during the listing of the IPO. IPOs become highly overvalued during the funding round and hence it becomes an opportunity for big players and institutions to dump the co. overvalued shares upon the retailers as they have already made huge profits in the funding round of the IPOs. If you are a b
@Tiger_comments:Hot IPOs! Would you follow after a 100% surge?
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avatarTiger_comments
03-26

Hot IPOs! Would you follow after a 100% surge?

Last week's IPOs, the AI concept stocks, $Reddit(RDDT)$ - meme stock forum and $Astera Labs, Inc.(ALAB)$ , have surged by 75% and 136% respectively.How to choose from the two stocks?Reddit's options saw a maximum increase of 720% yesterday. Call options with strike prices between $50 and $75 are among the most actively traded contracts on Reddit.Sam Altman, OpenAI’s CEO, is the largest shareholder in Reddit as well.$Astera Labs, Inc.(ALAB)$ provides products that can integrate various data center components, securing deals with major AI chipmakers such as $NVIDIA Corp(NVDA)$ and
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Hot IPOs! Would you follow after a 100% surge?
avatarzookie
03-26

ALAB is outperforming last year's ARM in a wild way

In contrast with $NVIDIA Corp(NVDA)$ ….hard to say $Astera Labs, Inc.(ALAB)$ is outperforming last year's ARM in a wild way. With ARM's current valuation sky-high, there's not much big money willing to bet on it.Astera Labs' main product is all about data and memory connection semiconductors. By designing and providing these crucial semiconductors, Astera Labs boosts the efficiency and speed of connections between various software and hardware components within data centers.This helps cloud service providers and business clients link their server chips, memory, storage, and network devices more effectively, enabling data centers to better support AI computing and other high-perf
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ALAB is outperforming last year's ARM in a wild way
avatarStickyRice
03-30
Astera Labs: This Meme-Like Stock Is A Sell $Astera Labs, Inc.(ALAB)$  Astera Labs, Inc. provides building blocks for computer systems, but its financials reveal a less compelling picture. But investors should not extrapolate its financials too far. Astera Labs stock's valuation at 33x forward sales is unjustified, considering fluctuating revenue growth rates and uncertainty in profitability. Astera Labs, Inc., a supplier to AI-focused hyperscalers, has seen strong performance after it went public. The company offers semiconductor-based connectivity solutions for cloud and AI infrastructure. The biggest risk is the high valuation of the company, which is trading at around 50 times annualized sales. While Astera Labs operates in an attractive
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avatarnomadic_m
04-03
IPO stock is a wild card. never really know which way it'll swing, how high or how low. unless there's a crystal ball 🔮, best to stay away for now
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avataricycrystal
03-26
AI concept stocks, $Reddit(RDDT)$ - meme stock forum and $Astera Labs, Inc.(ALAB)$ , have surged by 75% and 136% respectively. do note though that that neither of these companies has achieved profitability and valuations are high. thus, making them meme stocks of March. perhaps, better to monitor them instead of jumping in... @Aqa @Universe宇宙 @
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avataricycrystal
03-26
AI concept stocks, $Reddit(RDDT)$ - meme stock forum and $Astera Labs, Inc.(ALAB)$ , have surged by 75% and 136% respectively. do note though that that neither of these companies has achieved profitability and valuations are high. thus, making them meme stocks of March. perhaps, better to monitor them instead of jumping in... @Aqa @Universe宇宙 @
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avatarfizzloo
03-22
$Astera Labs, Inc.(ALAB)$ The concern is that AI, overall, is an overplayed trade, semiconductors especially. A deep retraction is not only necessary, its healthy for the future of AI. When that happens, AsteraLabs will fall with them. My prediction is the semiconductor bull run has got about 2-4 weeks left. I'd be super careful about placing any bets that could get you stuck to a price you don't want to get married to.
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avatarAqa
03-26
Two meme stocks of March 2024 : $Reddit(RDDT)$ and $Astera Labs, Inc.(ALAB)$ are hot now IPOs. They amass colossal interest and have surged by 75% and 136% respectively. But neither of these companies has achieved profitability and valuations are way too high. Investors are largely in it for very short term. Anyone interested in trading these meme stocks should do so with ultmost care and diligence.
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avatarEvelynHoover
03-21
$Astera Labs, Inc.(ALAB)$ Who doesn’t love a new IPO with small float in a bull market. See if it follows what ARM did, big run, sell off after a month then boom.💥 Amazon is set to benefit from the buzzy IPO after signing warrant agreements that allow it to buy about 2.3 million shares of Astera.
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avatarMs Mac
03-27
$Astera Labs, Inc.(ALAB)$ is too hot 🔥 to buy atm. As for $Reddit(RDDT), it is great to get in NOW before it surges again. Both are awesome waves to buy, and the market is on fire. Therefore, which one did I pick? and how many do you think I purchased? [Sly] leave me a comment. 🤑
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avatarGreg Vogt
03-28
$Astera Labs, Inc.(ALAB)$ absolutely add, never say quit, believe alab's nada $NVIDIA Corp(NVDA)$ contracts will increase more and more
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avatarMHh
03-26
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avatarSuccess88
03-26
Now US IPO like hot cake. For me i will still invest base on company profile and performance i won't anyhow invest without due diligence check
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avatarMHh
03-26
100% increase is insane. Prefer not to touch both!
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avatarhighhand
03-26
choose neither. dangerous to chase meme stocks
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avatarSushil
03-21
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avatarJeffreyTan
03-26
Greediness will imprison us all...
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