Forget Micron for a Minute: This Memory Competitor Just Crossed a Major Profitability Milestone
Sandisk has now been profitable for a whole year.
Overview
With a market cap of over $1 trillion, Micron (NASDAQ: MU) may be the world's largest memory-chip maker, but there are other memory stocks that are also worth a look. One that I'm following is Sandisk (NASDAQ: SNDK), and it just crossed a major profitability milestone in its most recent quarter.
I still think both are worth looking at, but if Sandisk can keep performing at this pace, then it may end up being a better investment than Micron from here.
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
Related Articles
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.