RT @dannycheng2022: Forward P/E of the 4 Memory Stocks (as of early May 2026) 1. $MU (Micron Technology): ~6.4x Lowest in the group — looks the most attractively valued on expected earnings. 2. $SNDK (SanDisk): ~11.7x Moderate valuation, sitting in the middle. 3. $STX (Seagate Technology): ~29–32x Significantly higher multiple. 4. $WDC (Western Digital): ~31–33x Also trades at a premium valuation. Quick Takeaway: $MU and $SNDK stand out as the cheapest on forward earnings, while $STX and $WDC appear more expensive. These are volatile memory stocks, so valuations can change quickly with market sentiment and earnings updates. I’ve been charting these stocks daily with the patreon community for months and will keep doing so until we see a clear trend reversal.
RT @dannycheng2022: Forward P/E of the 4 Memory Stocks (as of early May 2026) 1. $MU (Micron Technology): ~6.4x Lowest in the group — looks the most attractively valued on expected earnings. 2. $SNDK (SanDisk): ~11.7x Moderate valuation, sitting in the middle. 3. $STX (Seagate Technology): ~29–32x Significantly higher multiple. 4. $WDC (Western Digital): ~31–33x Also trades at a premium valuation. Quick Takeaway: $MU and $SNDK stand out as the cheapest on forward earnings, while $STX and $WDC appear more expensive. These are volatile memory stocks, so valuations can change quickly with market sentiment and earnings updates. I’ve been charting these stocks daily with the patreon community for months and will keep doing so until we see a clear trend reversal.
Forward P/E of the 4 Memory Stocks (as of early May 2026) 1. $MU (Micron Technology): ~6.4x Lowest in the group — looks the most attractively valued on expected earnings. 2. $SNDK (SanDisk): ~11.7x Moderate valuation, sitting in the middle. 3. $STX (Seagate Technology): ~29–32x Significantly higher multiple. 4. $WDC (Western Digital): ~31–33x Also trades at a premium valuation. Quick Takeaway: $MU and $SNDK stand out as the cheapest on forward earnings, while $STX and $WDC appear more expensive. These are volatile memory stocks, so valuations can change quickly with market sentiment and earnings updates. I’ve been charting these stocks daily with the patreon community for months and will keep doing so until we see a clear trend reversal.
RT @charaninvests: NAND giants like Samsung, SK Hynix, $MU, and $WDC via the Kioxia JV got crushed in the 2022 to 2023 downturn. Prices collapsed nearly 70 percent and the industry was forced into roughly 40 percent capex cuts. That pain permanently changed behavior. Now AI is driving more than 50 percent annual NAND demand growth in data centers. The industry has shifted from chasing volume to enforcing price discipline. There is no incentive to overbuild and destroy margins again. Supply stays tight because new fabs take years to matter. Projects like Micron Boise and SK Yongin will not meaningfully impact capacity until 2028 at the earliest. Meanwhile hyperscalers are locked into long term agreements through 2029 securing allocation at premium pricing with projected margins in the 65 to 70 percent range. This is not greed. It is strategy. Prioritizing profitability over volume creates sustained undersupply and turns NAND into a margin fortress for the next several years. The numbers already confirm it. $WDC NAND revenue up 94 percent year over year with margins at 52 percent and rising. $MU showing over 60 percent growth while also owning the HBM angle for AI. AI makes this a structural multi year shift. Long $MU $SNDK
NAND giants like Samsung, SK Hynix, $MU, and $WDC via the Kioxia JV got crushed in the 2022 to 2023 downturn. Prices collapsed nearly 70 percent and the industry was forced into roughly 40 percent capex cuts. That pain permanently changed behavior. Now AI is driving more than 50 percent annual NAND demand growth in data centers. The industry has shifted from chasing volume to enforcing price discipline. There is no incentive to overbuild and destroy margins again. Supply stays tight because new fabs take years to matter. Projects like Micron Boise and SK Yongin will not meaningfully impact capacity until 2028 at the earliest. Meanwhile hyperscalers are locked into long term agreements through 2029 securing allocation at premium pricing with projected margins in the 65 to 70 percent range. This is not greed. It is strategy. Prioritizing profitability over volume creates sustained undersupply and turns NAND into a margin fortress for the next several years. The numbers already confirm it. $WDC NAND revenue up 94 percent year over year with margins at 52 percent and rising. $MU showing over 60 percent growth while also owning the HBM angle for AI. AI makes this a structural multi year shift. Long $MU $SNDK