65x Forward Earnings for Arm Holdings? No Problemo Says Goldman Sachs – Buy It!
January 18, 2011 at 14:50 PM EST
To say ARM Holdings (ARMH) is stretched on the chart is an understatement. Last Thursday at it’s peak it was more than 25% over its 20 day moving average – to not sell at least part of one’s position into that level of extreme is looking a gift horse in the mouth. Indeed, it is [...]