Arm is off to a good start

ARM HOLDINGS PLC ADR $53 is a hold. This U.K.-based company (Nasdaq symbol ARM; Manufacturing & Industry sector; Shares outstanding: 1.1 billion; Market cap: $58.3 billion; No dividend paid; Takeover Rating Target: Lowest; www.arm.com) is a leading designer of energy-efficient chips that power mobile devices. It licences its designs… Read More

Beware: This new IPO looks pricey

ODDITY TECH LTD. $44 is a hold. Based in Israel, this company (Nasdaq symbol ODD; Consumer sector; Shares outstanding: 56.5 million; Market cap: $2.5 billion; No dividend paid; Takeover Target Rating: Lowest; www.oddity.com) makes cosmetics (under the IL Makiage brand) and skin and hair products (under the SpoiledChild brand)… Read More

FAT Brands plans a carveout

FAT BRANDS INC. $7.14 is a hold. The company (Nasdaq symbol FAT; Consumer sector; Shares outstanding: 16.7 million; Market cap: $119.2 million; Dividend yield: 8.3%; Takeover Target Rating: Medium; www.fatbrands.com) is a leading multi-brand restaurant franchising company. It currently owns 17 different restaurant brands, including Fatburger, Johnny Rockets, Buffalo’s… Read More

Cava faces strong competition

CAVA GROUP INC., founded in 2010, operates 263 fast-casual restaurants in 22 states and Washington DC. It specializes in Greek and Mediterranean-style dishes.

Cava has completed an initial public offering (IPO) of 14.44 million common shares at $22 a share. That values the company at about… Read More