3 ms·

I disagree. A high PE ratio in general is not a direct expression of my 'insight' in general. However in this case it probably is. Thanks for pointing that out,

by jhen095 16y ago

I disagree. A high PE ratio in general is not a direct expression of my 'insight' in general. However in this case it probably is. Thanks for pointing that out, I hadn't looked at ARM's figures previously. I guess I was 'overplaying', although I still think that the average Joe Blogg would be yet to realize the 'edge', hence it would still be an advantage making ARMH more of a very light gray horse.

tptacek 16y ago
A high PE ratio is an expression of the premium the market is paying over and above the cash flows a company is already generating. Here are the comparables for ARMH: AMD 12.41 INTC 10.36 NVDA 69.17 ARMH 95.01 MIPS 36.06 QCOM 26.28 AAPL 18.84 STM 19.99 MSFT 12.18 IBM 11.58 BRCM 28.05 Anyone still think ARMH is a "find"? I actually agree with the earlier commenter on this thread who lamented that he was probably going to watch ARMH double while he sat on the sidelines. I've recommended against buying AAPL a bunch of times too and been a poor fortune teller. But that doesn't make the methodology being used to pick ARMH sensible. The market knows ARM powers the iPhone.