3 Reasons Arm Holdings Is a Must-Buy for Long-Term Investors
Arm Holdings (NASDAQ: ARM) has emerged as a top AI stock following its initial public offering in September 2023. The chip design company, which specializes in power-efficient CPU architecture, seemed to be initially misunderstood by investors, but the stock has since tripled from its IPO price.Arm's shares are expensive today, trading at a price-to-sales ratio of 47, but the stock still offers tremendous long-term potential, especially as the influence of artificial intelligence (AI) spreads. Let's take a look at three reasons why Arm is a must-own stock for long-term investors.Image source: Getty Images.Continue reading
Arm Holdings (NASDAQ: ARM) has emerged as a top AI stock following its initial public offering in September 2023. The chip design company, which specializes in power-efficient CPU architecture, seemed to be initially misunderstood by investors, but the stock has since tripled from its IPO price.
Arm's shares are expensive today, trading at a price-to-sales ratio of 47, but the stock still offers tremendous long-term potential, especially as the influence of artificial intelligence (AI) spreads. Let's take a look at three reasons why Arm is a must-own stock for long-term investors.
Image source: Getty Images.
