Memory stocks are having their best year ever. Why do they still look so cheap?

The article describes the recurring boom-bust cycle in memory stocks: a surge in demand, then oversupply, followed by a sharp price crash and repetition. It is a broad, historical observation rather than a company-specific development, and it provides no new quantitative catalyst or immediate market-moving event.

Analysis

The article describes the recurring boom-bust cycle in memory stocks: a surge in demand, then oversupply, followed by a sharp price crash and repetition. It is a broad, historical observation rather than a company-specific development, and it provides no new quantitative catalyst or immediate market-moving event.