Shares of Arm Holdings (ARM) are falling Wednesday despite surpassing expectations on both the top and bottom lines in its fourth quarter results. To shed...
) are falling Wednesday despite surpassing expectations on both the top and bottom lines in its fourth quarter results. To shed light on this unexpected market reaction, New Street Research Analyst Rolf Bulk joins Yahoo Finance.
Bulk attributes this guidance to Arm's inability to determine which clients will continue to purchase their products consistently. He adds that clients who purchase from the company this quarter are not guaranteed to do so in the next, making it difficult to"forecast that out over multi-quarters, let alone a year."Moving on shares of arms sliding here despite delivering a beat on the top and bottom line.Ralph Book, New Street Research Equity Research analyst.
Nvidia will surge another 22%, and is still cheap compared to peers despite nearly doubling this year, Goldman Sachs saysTrade volumes from partners such as Turkey and China have slagged in the first quarter, as foreign dealers pullback amid a US sanctions threat.Shopify stock is looking way too cheap for long-term investors looking to grow their wealth in a TFSA or elsewhere. The post 2 Tech Stocks to Buy Like There’s No Tomorrow appeared first on The Motley Fool Canada.
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