Arm Is A Top Secular Pick Along With Nvidia: Analyst
Portfolio Pulse from Anusuya Lahiri
Rosenblatt analyst Hans Mosesmann reiterated a Buy rating on Arm Holdings Plc (NASDAQ:ARM) with a price target of $180, citing positive themes from Computex in Taiwan. The analyst also considers Nvidia Corp (NASDAQ:NVDA) a top secular pick. Arm's CEO aims to capture over 50% of the Windows PC market within five years. Investors can gain exposure to the semiconductor sector via EA Series Trust Strive U.S. Semiconductor ETF (NYSE:SHOC) and Columbia ETF Trust I Columbia Seligman Semiconductor And Technology ETF (NYSE:SEMI).
June 10, 2024 | 6:01 pm
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POSITIVE IMPACT
Rosenblatt analyst Hans Mosesmann reiterated a Buy rating on Arm Holdings with a price target of $180, citing positive themes from Computex in Taiwan. The stock is trading higher.
The analyst's Buy rating and high price target, along with positive themes from Computex, are likely to boost investor confidence and drive the stock price higher in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Arm's CEO aims to capture over 50% of the Windows PC market within five years, leveraging Microsoft's plans to launch AI-enhanced PCs using Arm's technology.
The ambitious goal of capturing a significant market share in the Windows PC market, supported by Microsoft's AI-enhanced PCs, could positively impact both Arm and Microsoft in the long term.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 30
POSITIVE IMPACT
Nvidia Corp is considered a top secular pick by Rosenblatt analyst Hans Mosesmann, alongside Arm Holdings.
Being highlighted as a top secular pick by a reputable analyst can positively influence investor sentiment and potentially drive the stock price higher in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50
POSITIVE IMPACT
Investors can gain exposure to the semiconductor sector via Columbia ETF Trust I Columbia Seligman Semiconductor And Technology ETF.
The mention of SEMI as a way to gain exposure to the semiconductor sector could attract investor interest, potentially driving the ETF's price higher.
CONFIDENCE 60
IMPORTANCE 50
RELEVANCE 20
POSITIVE IMPACT
Investors can gain exposure to the semiconductor sector via EA Series Trust Strive U.S. Semiconductor ETF.
The mention of SHOC as a way to gain exposure to the semiconductor sector could attract investor interest, potentially driving the ETF's price higher.
CONFIDENCE 60
IMPORTANCE 50
RELEVANCE 20