Sandisk is drawing a massive put seller, a bullish signal for the stock. x.com 

ServiceNow keeps selling more to existing customers over time, one of the biggest reasons to be bullish long term. Its 2011 customer cohort's annual contract value grew from an indexed $100 to $3,730 by Q3 2026, or 37.3x, even including customer losses. x.com 

SanDisk has likely topped for this cycle, and memory stocks such as Micron are rolling over even though fundamentals still look incredible. In cycles, price weakens first, estimates and targets fall later, and the narrative flips only after the damage is done, with vicious failed rallies along the way. SanDisk already guided lower, its gross margin has plateaued and price action has been terrible, so it likely goes lower. Sell on technicals rather than waiting for fundamentals to erode. x.com  … Show more

Sandisk now has multi-year visibility from long-term customer contracts, yet trades at an estimated forward P/E of about 9 after falling roughly 45% from its highs. Scarred by 2023's price collapse, Sandisk, Micron, SK Hynix and Samsung are signing multi-year deals with large customer prepayments so buyers can't back out, with much supply sold into 2028 and some into 2029-2030. The market still discounts memory on past cycles, though it now has the most solid revenue base for 3-5 years. x.com 

SanDisk's gross-margin plateau signals long-term discipline, not the cycle peak bears fear. Not squeezing customers, plus balanced capex under its NBM long-term agreement model, avoids overinvesting at the top. Investors should watch volume, not price: while big tech keeps spending and compute stays scarce, memory shortages cannot ease alone, so rising volume and the LTA price floor should grow the profit pool enormously. With buybacks, memory should rerate as essential AI infrastructure. x.com 

Growth and recovery prospects make these ten stocks look inexpensive below 20x forward earnings. SK hynix, Micron and Sandisk benefit from memory and storage demand; Vistra from electricity demand; Oracle and Nvidia from AI infrastructure; Nu from banking growth and Uber from cash generation. Novo Nordisk's improving execution could make 12x attractive despite pricing pressure. Onsemi's recovery could run further as AI power efficiency matters more. x.com  x.com  x.com  x.com  x.com  x.com  x.com  … Show more

Micron and Sandisk fit the best kind of setup: stocks that don't look dirt cheap yet keep climbing, and turn out months later, after the quarter, to have been cheap. Once everyone is quoting the P/E, gains usually come less easily. x.com 

Sandisk trades at about 10x earnings while memory demand is still rising, a better setup than buying ServiceNow just because software is said to be on discount. x.com 

SanDisk looks quite cheap despite its huge run, because single-digit forward earnings multiples ignore growth of around 100% a year expected over the next two years. A screen for US companies above $10 billion with forward P/Es under 10 and 25%-plus two-year revenue growth yields just seven names, including SanDisk and Micron. Both are cyclical and may not deserve 30–40x forward multiples, but assigning either a single-digit P/E is crazy. x.com  x.com 

Micron and SanDisk stand to surge as Nvidia's CFO warns of extreme memory pricing that has exceeded Nvidia's expectations and is headed even higher into next year. Nvidia expects supply to remain a bottleneck through at least the end of FY28, and guided its gross margin to bottom at 71-72% in Q4, with FY28 around 72-73% versus a 74% estimate. x.com