Reported 2 months ago
Arm Holdings, viewed by some investors as the 'next Nvidia', has seen its stock price double since its public debut in September 2023. Morgan Stanley's analyst, Lee Simpson, forecasts a 130% rise in its shares, targeting $300, citing Arm's effective business model and growing market share in CPUs for mobile devices and cloud computing. However, concerns about its high valuation and slower-than-expected earnings growth suggest potential investors should proceed cautiously.
Source: YAHOO