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An upgrade to Buy from Jefferies sends ARM (ARMH +2.9%) to $43. Jefferies' move follows a string...

An upgrade to Buy from Jefferies sends ARM (ARMH +2.9%) to $43. Jefferies' move follows a string of January downgrades that failed to halt the CPU core giant's rise. ARM now trades at 38x 2014E EPS.
Comments (5)
  • Ashraf Eassa
    , contributor
    Comments (8817) | Send Message
     
    38x 2014E EPS that already look far, far too high. Interesting opportunity to short here.
    15 Mar 2013, 09:54 AM Reply Like
  • Yaron Ron Reuven
    , contributor
    Comments (455) | Send Message
     
    High multiples like this are always being justified until they're not because stock crashes along with unrealistic earnings.
    15 Mar 2013, 11:36 AM Reply Like
  • Ashraf Eassa
    , contributor
    Comments (8817) | Send Message
     
    Yep. Notice how the stock could not hold its gains?
    15 Mar 2013, 11:39 AM Reply Like
  • Goinidias
    , contributor
    Comments (50) | Send Message
     
    where is rob tanner when u need him?
    16 Mar 2013, 12:10 PM Reply Like
  • Ashraf Eassa
    , contributor
    Comments (8817) | Send Message
     
    He only shows up at 52-week highs.
    16 Mar 2013, 03:07 PM Reply Like
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