Previous close | 118.86 |
Open | 118.25 |
Bid | 0.00 |
Ask | 0.00 |
Strike | 860.00 |
Expiry date | 2024-08-16 |
Day's range | 118.25 - 118.86 |
Contract range | N/A |
Volume | |
Open interest | N/A |
It's no secret that AI bullishness has pushed many stocks higher in 2024, a list that includes several S&P 500 members such as Super Micro Computer, Constellation Energy, and Nvidia.
On Thursday evening, the index added Arm Holdings, the U.K. chip maker, and dropped Sirius XM Holdings in a move that Barron’s had predicted could happen.
Based on the average brokerage recommendation (ABR), Super Micro (SMCI) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?