TECH - Arm Is A Top Secular Pick Along With Nvidia: Analyst | Benzinga
Rosenblatt analyst Hans Mosesmann reiterated a Buy rating on Arm Holdings Plc (NASDAQ:ARM) with a price target of $180. The stock is trading higher on Monday.
Mosesmann considers the stock a top secular pick alongside Nvidia Corp (NASDAQ:NVDA).
The analyst noted that the positive ARM PC and overall compute themes showcased last week at Computex in Taiwan will benefit the increasing pervasiveness of the company’s IP in the future.