Im bullish on this stock. I suggest if you believe that AI is the next frontier, then you should invest in ARM as well! My price target for this (IMHO and notfinancial advise) would be somewhere around 150$-200$ by end of 2024.
@TigerOptions:$AMC Entertainment(AMC)$ The aftermath of the recent AMC stock split and its subsequent developments paint a vivid picture of the challenges and complexities facing meme stocks and the companies behind them. While the reverse stock split initially led to a temporary surge in the stock price, it quickly faltered due to the company's ongoing efforts to raise capital through additional share offerings. This relentless dilution of existing shareholders caused the stock to plummet to new all-time lows, casting a spotlight on the perils of utilizing meme-stock tactics to artificially inflate share prices. AMC's saga showcases the delicate balance between short-term market hype and long-term financial health. The company's
I would say META, its a no brainer for me. but the only company that might hinder them is Apple with all their restrictions like "ask not to track" there could be more of these and that "might" really affect META's growth.
Meta Platforms Vs. Alphabet: Which Big Tech Stock Is a Better Buy?