Vincent1968
07-15

$SanDisk Corp.(SNDK)$ This is a long term stock, dun be short sighted, look far.... profitable for sure

Memory Prices Just Confirmed by Their Biggest Buyer — So Why Are Memory Stocks Lagging?
The odd corner of Thursday's rally was memory. Nvidia had just named memory costs in its Q4 margin outlook — the industry's biggest buyer confirming pricing power — and memory still sat out: Micron −0.32%, SanDisk −0.96%, SK Hynix +2.27%, against SOXL +5.53% and Nvidia +8.74%. The likely reason is that the cycle is already discounted: over the past month the chain has priced Xiaomi's margin hit, Intel GPUs up 48%, and Nvidia passing 15%+ to customers. Samsung's 110tn won payout plan did not buy a bid either. Buy the dip in Micron and Hynix, or has pricing power peaked?
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