NVIDIA's (NVDA) blowout earnings and guidance – expected 70% revenue growth in 2028 –prove the AI boom is still booming up and down the stack, from energy to data centers. Today I'll show you two AI memory stocks with huge potential.
This is very much a pick and axe story. As AI is deployed, more high-bandwidth memory is required. The winners are the ones receiving institutional support.
Right now, Micron (MU) is the poster child for relentless institutional support. The company builds memory for AI processors and sports a $1 trillion market capitalization.
Memory needs have only increased, and yet the stock has been range-bound:
But that 5.91X forward P/E ratio is incredible. It's one of the cheapest stocks in the market and is projected for huge per-share earnings growth – from $73.23 this year to almost $170 in 2028.
#stocks #institutional #support #today
This is very much a pick and axe story. As AI is deployed, more high-bandwidth memory is required. The winners are the ones receiving institutional support.
Right now, Micron (MU) is the poster child for relentless institutional support. The company builds memory for AI processors and sports a $1 trillion market capitalization.
Memory needs have only increased, and yet the stock has been range-bound:
But that 5.91X forward P/E ratio is incredible. It's one of the cheapest stocks in the market and is projected for huge per-share earnings growth – from $73.23 this year to almost $170 in 2028.
#stocks #institutional #support #today
7 days ago
