ARMH was recommended as a Top Pick for 2013 by Cabot Stock of the Month at $39.25 in Investment Digest issue 734, dated January 9, 2013, and, before that, at around $37 in the December 31 Daily Alert.
“ARM Holdings plc (ARMH $41 Nasdaq) has broken down through its 50-day moving average in a decisive manner and should now be sold. We’ve been warning for weeks that the stock might be building a topping formation and now we’re convinced. We’ll take our tiny profit and move on. SELL.”
- Timothy Lutts, Cabot Stock of the Month, March 19, 2013