Core Insights - ARM Holdings has seen significant stock performance improvements, with a Relative Strength Rating upgrade to 82, indicating strong market leadership potential [2][6] - The company went public in September 2023, with its stock price increasing from 60.75 to 173.09, representing a 180% rise over a period of two years and one month [3] - ARM is set to announce its fiscal second quarter results on November 5, 2023, following a recent earnings report showing a 13% drop in earnings per share [4][5] Company Performance - ARM's earnings per share (EPS) dropped to 35 cents last quarter, following previous gains of 26% and 53% in the two prior quarters [4] - Revenue growth for ARM has been inconsistent, with increases of 19%, 34%, and 12% over the last three quarters [4] - The company ranks No. 8 among its peers in the Electronics-Semiconductor Fabless industry group, with competitors like Broadcom, Credo Tech Group, and Nvidia being highly rated [5] Market Context - ARM's technology is integral to products from major companies such as Apple, Microsoft, and Samsung, indicating its critical role in the semiconductor industry [3] - The stock is currently in a buy zone, with a key entry point at 168.31 and a maximum buy price of 176.73 [3]

Marvell Technology (MRVL) stock had its Relative Strength (RS) Rating upgraded from 64 to 73 Friday — a welcome improvement, but still short of the 80 or better score you prefer to see. How To Invest In Stocks In Both Bull And Bear Markets Marvell Technology stock is still inside a buy range after moving past an 85.27 entry in a consolidation. Once a stock moves 5% or higher beyond the initial entry, it's considered out of buy range. Learn How To Time The Market With IBD's ETF Market Strategy This exclusive ...