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Comparing Micron and SanDisk, Beneficiaries of the Memory Supercycle

The Motley Fool +1 · ·by G4L

MU Micron Technology Inc
$811.30 +11.89%
View chart & analysis →
SNDK +13.69%
  1. 1SanDisk's stock price has recorded a gain of over 200% this year.
  2. 2Micron's stock price has recorded a gain of approximately 150% this year.
  3. 3Both companies are trading at a forward P/E ratio of less than 4x.

So what's the key point?

The stock prices of SanDisk and Micron have risen significantly this year. Both companies' stock prices are not yet expensive compared to their earnings.

Source The Motley Fool +1 · View original ↗

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