1/3/25 - $arm - don't get sucked in at $1401/3/25 :: VROCKSTAR :: NASDAQ:ARM
don't get sucked in at $140
- those of you who follow know my preference in semis is NYSE:TSM , NASDAQ:NVDA , NASDAQ:AVGO (and there are some alts that i'm willing to entertain)
- but why pay 80x PE for 20-25% PE growth when you could pay 35x for NASDAQ:NVDA at 40% CAGR EPS or 20x PE for NYSE:TSM growing 30%+ (and probably understated). it's not like NASDAQ:ARM is some new kid worth 5 bn or 10 bn cap. they're $150 bn mkt cap.
- this move today is a positioning one, look across the mkts. and when you add king dawgs NASDAQ:NVDA and NYSE:TSM are having blow out days this NASDAQ:ARM pit gets dragged along.
- given NYSE:TSM reports in 2 weeks, i've traded some of my '27 calls for some lighter fluid ST calls and i'm using NASDAQ:ARM as a hedge b/c if semis are weak next week (not anticipating this - i'm actually expecting a few more days of run), i expect NYSE:TSM ST calls to more than offset my NASDAQ:ARM P's. and if semi's r down, NASDAQ:ARM will give a lot of this move back and i can reposition back into NYSE:TSM longer-dated calls (and still think i make money on the ST spread).
- anyway. in '25... i'd not be caught holding this bag. you've been warned, but alas i'll probably get some grief for this lol. just call em like i see em. off to a good start this year with the picks, but playing defense still w a lot of cash as i've monetized some NASDAQ:NXT , NYSE:UBER , NYSE:TSM and NASDAQ:NVDA as of the last 2 days.
have a good weekend.
V