Why I Wouldn't Touch ARM Stock With a 10-Foot Pole

By Neil Rozenbaum – Feb 11, 2024 at 10:00AM

NASDAQ: ARM

Arm Holdings

Market Cap

$101B

Today's Change

(3.78%) $3.70

Current Price

$101.70

Price as of May 3, 2024, 4:00 p.m. ET

ARM stock soared 50% after the company reported earnings, but should semiconductor investors believe the hype?

In this video, I will talk about Arm Holdings (ARM 3.78%), which saw its stock soar 50% after the company reported earnings. I will explain why I'm staying far away from this stock right now.

*Stock prices used were from the trading day of Feb. 9, 2024. The video was published on Feb. 11, 2024.

Neil Rozenbaum has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.