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Opinion: This Is the Most Overlooked Artificial Intelligence (AI) Stock to Buy Right Now
ARMArm plc(ARM) The Motley Fool·2024-07-29 22:37

Arm stock might look expensive, but it still has a lot of room for growth.It might be hard to call Arm Holdings (ARM -5.07%) an overlooked AI stock at this point.After all, the chip designer trades at a lofty price-to-sales ratio of 50, but that's not the best way to evaluate the stock.Arm is highly profitable, generating a 43.6% adjusted operating margin in its fiscal year ended in March. That means that on the more conventional price-to-earnings basis, the stock is still expensive, but more reasonably pri ...