Daily Stock Opinions and Ratings

Opinions
Kim Bolton
Astera Labs
ALAB-Q
BUY
May 22, 2024
$74.120
Stock price when the opinion was issued
Technology
It's the ideal tool to help you make quicker, more informed decisions for
managing and tracking your investments.
In the semiconductor space, you could probably look a little further down the food chain. Loves this one. Small. Favourite for a lot of the giants. Works inside the cloud to make chips more efficient. Makes the data in data centres run faster on less energy.
IPO'd only 2 months ago at $38. Don't put a lot of money in, just a small position. Can buy here at $72-73, and in the low $60s. Doesn't think it will go much below that. Will be a star performer in the years ahead. In the AI trend on the infrastructure side.