The reactions to AMAT, COHR and Cisco also show that strong earnings are no longer enough when expectations are already high. For me, the key is whether AI demand can translate into sustainable earnings and cash flow. I believe MU still offers a better balance of growth, valuation and upside.
So I remain bullish on storage, but I would accumulate MU on pullbacks rather than chase SNDK after its sharp rally. If MU and $Western Digital(WDC)$ continue rising while $SanDisk Corp.(SNDK)$ consolidates, that would further confirm that the broader AI storage story remains intact.
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- BonnieHoyle·08-17 14:43TOPMU still looks like the cleaner bet to me. HBM demand is real, but I’d rather buy Micron on dips than chase SNDK after that rip1Report