But that doesn't change the fact that this sector is cyclical. That's why I don't think we'll see any new ATHs anytime soon.
••
@jkb92 Good question. There are several different opinions on this right now. Take a look, for example, at the long-term Micron chart. It doesn’t really look like a major cyclical stock—unlike, say, auto stocks. I think the trend toward edge computing will continue. Especially with AI, people want to avoid long data transfers to the cloud. And it will be similar with autonomous driving and humanoid robots. Storage demand should remain strong in these areas. Data volumes are more likely to increase. And in the defense sector, too, we’re seeing rising demand over the next few years. By now, even every vacuum cleaner has storage—and that trend should extend to other smart home appliances. And the refrigerator will soon have a “brain” of its own, so you never run out of beer.
•
33
•@Tenbagger2024 We'll see :)
•
11
•