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Stock impact report

Jim Cramer on Arm Holdings: “Don't Chase It, You've Got a Position in It, That's Fine” [Yahoo! Finance]

Arm Holdings plc - American Depositary Shares (ARM) 
Company Research Source: Yahoo! Finance
ARM after previously selling half their position at breakeven following a decline. Cramer replied: “No, look, don't chase it. You've got a position in it, that's fine. It is an expensive… stock. I happen to like Rene Haas very much, but you've got a position. Don't complicate the situation by buying a little more almost at the high. This is a terrific position you've got. Let it run.” Photo by Adam Nowakowski on Unsplash Arm Holdings plc (NASDAQ:ARM) designs and licenses CPU architectures, system IP, and software used across automotive, computing, consumer, and IoT applications. During the July 10 episode, a caller inquired about the stock and mentioned that they have a significant position in it. Cramer responded: “You're in good shape. That's Rene Haas… His stock is doing very well. Why? He is a partner of NVIDIA and don't forget it. Rene Haas used to work at NVIDIA. They're very tight together.” While we acknowledge the potential of ARM as an investment, we believe certai Show less Read more
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