Is It Too Late to Buy Arm Holdings Stock Now?
Arm Holdings (NASDAQ: ARM) returned as a publicly traded company last September. The U.K. chip designer was previously acquired by the Japanese conglomerate (OTC: SFTB.Y) in 2016, nearly sold to Nvidia (NASDAQ: NVDA) before antitrust regulators scuttled the $40 billion deal in 2022, and finally spun out as an independent company again.
When Arm listed its shares at $51, investors initially scoffed as its slowing growth and frothy valuations. But today the stock trades at about $125. Let's see why Arm's stock soared over the past six months -- and if it's too late to chase that rally.
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Source Fool.com
SoftBank Group Stock
€47.51
0.720%
With 0 Sell predictions and 2 Buy predictions the community sentiment towards the SoftBank Group stock is not clear.
As a result the target price of 50 € shows a slightly positive potential of 5.24% compared to the current price of 47.51 € for SoftBank Group.
