David H. Lerner remains optimistic about the stock market, focusing on aerospace, defense, biotech, AI, and semiconductors like Micron and Nvidia, which he views as undervalued despite recent sector sell-offs. He highlights supportive factors such as lower inflation, steady consumer spending, and strong Q2 earnings forecasts that underpin a positive equity outlook through 2026. Lerner is actively increasing his holdings in select stocks, using market volatility to reduce costs, signaling confidence in these sectors' growth potential.
The Invesco S&P 500 Momentum ETF (SPMO) underwent a semi-annual reconstitution, resulting in 54 changes affecting about 40% of its portfolio. Apple and Merck were the largest additions, while Nvidia was removed despite a strong one-year gain of over ...
SanDisk shares fell 2% while the broader memory sector, including peers Micron and Western Digital, saw gains of 3% and 0.8% respectively. This divergence occurred without any company-specific news, suggesting profit-taking or position trimming after...
Micron Technology has locked in massive demand for its high-bandwidth memory (HBM) chips with contracts extending through 2027, driven by booming AI infrastructure needs. The company reported record revenues and margins, supported by long-term take-o...
Micron Technology is expected to report strong fourth-quarter earnings driven by robust memory demand and positive earnings per share (EPS) revisions. The company benefits from accelerating demand for AI hardware, with evidence from TSMC's 53% year-o...
Micron Technology shares have surged 247% this year, driven by strong AI-related memory demand and strategic customer agreements worth $100 billion. Despite a recent price plateau near $990, Wall Street remains 92% bullish with a consensus price targ...
