Consumer Electronics
Bets On For Flash Memory Shortage (SNDK, MU, AMAT, KLAC)
Published:
Last Updated:
Have you been reading about flash memory shortages coming during the current consumer electronics boom? Whether or not this comes true this time is something that will be seen, but Morningstar’s John Ayling has outlined several stocks that would likely benefit, with caveats of course, from a flash memory shortage in his “Strategies for Playing a Flash Memory Shortage.” SanDisk Corporation (NASDAQ: SNDK) and Micron Technology Inc. (NASDAQ: MU) are the two direct issues, while Applied Materials Inc. (NASDAQ: AMAT) and KLA-Tencor Corporation (NASDAQ: KLAC) are still among Morningstar’s favorite of the old “big stocks with big upside” (call from just last week) that would likely benefit. The author further noted, “We recommend that investors avoid the temptation to time the flash memory stocks and instead consider certain chip equipment firms that would benefit indirectly from a flash memory shortage.”
by John Ayling of Morningstar.com
It’s Your Money, Your Future—Own It (sponsor)
Are you ahead, or behind on retirement? For families with more than $500,000 saved for retirement, finding a financial advisor who puts your interest first can be the difference, and today it’s easier than ever. SmartAsset’s free tool matches you with up to three fiduciary financial advisors who serve your area in minutes. Each advisor has been carefully vetted and must act in your best interests. Start your search now.
If you’ve saved and built a substantial nest egg for you and your family, don’t delay; get started right here and help your retirement dreams become a retirement reality.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.
You can follow him investing $500,000 of his own money on our top AI stocks for free.