Micron (MU) and Sandisk (SNDK): The Memory Champions Before a Multi-Year Bull Phase!
Reading Time: 2 minutes
I see any potential weakness phase for memory chip manufacturers Micron Technology and Sandisk as a very interesting long-term buying opportunity. Moreover, analysts like Joseph Moore from Morgan Stanley are describing the current price weakness, particularly for Micron, as "unjustified". The background is the completely intact story surrounding fundamental and prolonged supply shortages amid a still stable demand for memory chips. This is likely to lead to further price increases and ultimately result in improved profitability for both Micron...
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