$Astera Labs (ALAB.US)$ Buy safely below $90 with no issues,...

NYcat commented on a stock · Nov 12, 2024 04:44

$Astera Labs (ALAB.US)$ Buying below $90 is safe, it will definitely reach $100 by the end of the year. Currently, it is in a suppression and absorption phase, steadily rising after reducing costs. The AI server layout is still in the initial stage and will continue at least until the end of 2025, so this stock is conservatively estimated to have a 50% growth opportunity. It's just that the recent shareholding reduction by the management has been exploited by the bears to cut the leeks.

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