Is IREN Limited (IREN) A Good Stock To Buy Now?

Is IREN a good stock to buy? We came across a bullish thesis on IREN Limited on Stay Invested’s Substack by Denis Gorbunov. In this article, we will summarize the bulls’ thesis on IREN. IREN Limited's share was trading at $49.48 as of May 4^th. IREN’s trailing and forward P/E were 31.71 and 62.50 respectively according to Yahoo Finance.

[caption id="attachment_1737615" align="aligncenter" width="768"] Photo from Oracle website[/caption]

IREN Limited (IREN) is a vertically integrated data center operator positioned to benefit from both the AI infrastructure buildout and energy...