35 Trending AI Stocks on Latest News and Analyst Ratings

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22. Arm Holdings plc (NASDAQ:ARM)

Number of Hedge Fund Holders: 38

Arm Holdings plc (NASDAQ:ARM) architects, develops, and licenses central processing unit products and related technologies for semiconductor companies and original equipment manufacturers. Arm Holdings stock hits all the right notes for AI investors. It has a high historical revenue growth rate of 18% and analysts expect this growth to accelerate moving forward to 22% annually. These numbers are supported by strong license and royalty revenue, as well as increasing adoption of the chip architecture of the firm that competes on cost and energy efficiency. Daiwa recently upgraded the stock to Outperform from Neutral with a $130 price target, noting that following a few interesting and volatile quarters, the bad news of a possible recession was out, and tech was settling post the big recent selloff, though AI expectations were still strong. The advisory expected Arm shares to trend further upwards in the next few months.

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