We've increased our fair value estimate for Ericsson to $8.70 from $8.50 to account for a weakening US dollar relative to the Swedish Krona, based on the Jan. 24, 2025 exchange rate of SEK 10.93/USD.
The good part is that Arm's critical position in the semiconductor market led to impressive gains since it went public in September 2023. Arm stock gained 144% since its U.S. stock market debut, ...