The analyst is bullish on Micron (MU) and the memory sector, comparing MU to Nvidia's growth and highlighting a successful prediction. They also mention positive performance on EWY longs and focus on memory stocks like SNDK.
AI has broken the short-term cycle in memory, similar to Nvidia's GPU cycle, supported by 'Made in America' initiatives and White House backing, making Micron a strong buy.
I did say $MU looked like the next $NVDA. Now we're at a $1.23T MC. Started talking more about Samsung Electronics/Sk Hynix back in 2025. Put more concentration into the memory theme like $SNDK and others, Jan of this year. And I'm glad my prediction with Micron + memory is playing out well! Hope people had fun with $EWY longs too, those are up a lot.
| Horizon | Raw move | vs SPY |
|---|---|---|
| 1 day | +2.2% | +3.4% |
| 1 week | +3.0% | +5.3% |
| 1 month | -16.4% | -16.5% |
| 3 months | — | — |
| 6 months | — | — |