Yesterday I took a look at a share that I think is just the kind of thing for novice investors, though it may not be an obvious choice at first sight.
Today I’m examining one that is more likely to have caught the eye of beginners, but which I think they should steer clear of.
I’m talking of top chip designer ARM Holdings (LSE: ARM) (NASDAQ: ARMH.US), whose share price has multiplied eight-fold over the past five years. Now why wouldn’t you want a piece of that?
What it does
ARM is in a relatively simple business — conceptually…