Are You Missing the Boat on This AI Stock That's Up 104% This Year?
Despite the surging stock price, it is still a bargain.
Are You Missing the Boat on This AI Stock That's Up 104% This Year?
Overview
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?
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
