Jim Cramer - Mad Money ARM Holdings PLC ARMH-OTC BUY Nov 08, 2023

They partner with Nvidia in so many things (he loves Nvidia), though shares are a tad more than he likes. Still likes this.

It formed a base last month and is in the early stage of a rally. You have to have an exit strategy so this one would be at $50. It has lots of potential.

Run buy a fine CEO. Are executing well. They will dominate cell phone, PCs and hyperscale. It's come down a little from its peak.

It reports Wednesday. They could report positively like peers such as AMD.

The markets are frothy. This has jumped 30% in one week. Sure, they delivered a terrific quarter, but give me a break. Those buying ARM now at these levels have no discipline. The bulls are running way too hard, even though it's a good company.

Would recommend holding. Stock price continues to appreciate slowly. 

Probably has 2-3 years of steady growth and demand, along with hiccups and ripples. Likes it. A UK-way of playing NVDA with chip design. Should do well going forward, at least over the next 2-3 years.

Good outlook for the business, but not investing at this time. Valuation is high, so would wait before investing. Better options for investors in the markets. 

Fantastic company - however share price way too high. Valuation very expensive at current levels. Would recommend buying on weakness.