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Thoughts on Brainchip (BRN)

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    Thoughts on Brainchip (BRN)

    Hello,
    I have been watching Brainchip BRN stock price fall substantially recently.
    At which point would this stock be cheap and worth buying? Or is there likely to be more pain in this space?

    Answer

    Hi Chris,

    As is plainly evident by its chart computer technology business BrainChip Holdings (BRN) is an extremely volatile beast which has endured a horrible correction this year.

    MM is bullish the IT Sector but see no reason to have BRN on our shopping list when so many others look poised for strong gains into Christmas i.e. the quality stocks may provide less upside but if the market suffers a cold, BRN is a very hard stock to value and to be blunt, not a company we want to be left holding.

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    Brainchip (BRN)
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