Post
Mian Bilal Ali
$SKHYNIX 1300, still undervalued.
$SNDK : 1700, target 2400.
Micron: 1082, forward PE 6.9x.
Memory: still rising.
US Treasury yield: 5.2%.
Oil price: above 100.
A sector that profits from price increases, continuing to raise prices in a country where interest rates are getting more expensive.
The romance of cyclical stocks lies here—they don't care about the president's mood, only whether you have inventory.
#PCEAndPayrollsWeek #MicronEarningsAhead #HormuzTermsInFocus
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