Jim Cramer warns Arm Holdings stock may be overvalued before earnings

7 articles · Updated · CNBC · May 6

Arm shares rose 12% before Wednesday evening results, prompting Cramer to caution that even strong numbers may not trigger a big further rally.
He said investors should focus on royalty growth and new-customer updates, while noting Arm faces tough competition from Intel and AMD despite gains with Amazon and Alphabet.
The warning came as the S&P 500 and Nasdaq hit record highs in a tech-led rally fuelled by easing oil prices, lower bond yields and optimism over a possible US-Iran peace deal.

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