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Are You Missing the Boat on This AI Stock That's Up 104% This Year?
Key takeaways
- ARW NVDA One of the breakout tech stocks this year has gone largely unnoticed, certainly compared to the "Magnificent Seven" and other artificial intelligence (AI) stock juggernauts.
- Is it too late to buy Arrow, an electronics distributor that provides the components to support the AI boom -- or does it have more room to run?
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
ARW NVDA One of the breakout tech stocks this year has gone largely unnoticed, certainly compared to the "Magnificent Seven" and other artificial intelligence (AI) stock juggernauts. Yet Arrow Electronics (NYSE: ARW) has outperformed most of them, with a 104% year-to-date (YTD) return at the time of this writing.
Is it too late to buy Arrow, an electronics distributor that provides the components to support the AI boom -- or does it have more room to run?
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
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