>p/e of 17, forward p/e of 5>ridiculously healthy company with shit ton of free cash flow and can cover their debt easily>margin of fucking 80%>literally out of inventory and fully booked for next year because every damn company and their mom wants chips>entirety of wall street deepthroating the stock >all time high of $1200 and crashed 35%>because uhh... Chinese company debuted and competition scary>in a market where the USA limits Chinese chip exposure and currently 2 years of Trump left who hates ChinaGenuinely what the fuck is this? Is this not the most no-brainer stock to basically buy at this point? What arguments besides China and "AI hype might die guys!" goes against Micron with such a ridiculously strong financials?I am fucking praying this stock can hit $700 because I'm selling puts on it next week once my other ones expire.
>>62536226Top signal. Stocks move based on human emotions such as fear and greed, not fundamentals. My SOXS is printing
I think people are afraid it is cyclical. Yeah they have lots of business right now, but what happens when the AI build out slows in a year or two? Nobody wants to be left holding the bag at the peak and all the early investors are comfortable cashing out now and taking their 10x profit instead nof gambling with a 15x return.
>>62536226Yeah idk what's going on. This and kioxia seem like strong buys to me.
