This Memory Sector Sleeper Stock Nears a Profitability Turning Point
Could this be an up-and-coming memory stock?
Overview
Memory stocks have been driving markets this year, as demand soars for memory and storage chips to support the massive build-out of artificial intelligence (AI) infrastructure.
Many investors are familiar with the big names in the memory space, like Micron (NASDAQ: MU), Sandisk (NASDAQ: SNDK), Western Digital (NASDAQ: WDC), and Seagate (NASDAQ: STX). They have all put up eye-popping triple-digit returns this year.
Details
There are also some emerging, smaller players in the space worth knowing about. One of them is Everspin Technologies (NASDAQ: MRAM), a niche player that is nearing a turning point in profitability.
Source
Originally published at www.fool.com.
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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.