Jul. 7 at 12:20 PM
$DRAM $KMEM $DISK $DRMP Let's not panic. If we have conviction that HBM is a good investment, then we need to hold for the long term. I asked the Brave browser AI what the forward-looking P/E ratios are for Micron, Samsung, and SK Hynix and got back "9.44x - 16.8x", "5.9x to 8.1x," and "6.0x to 9.2x", respectively.
That seems extremely cheap for profitable tech stocks. Heck, Walmart and Costco are trading at forward P/E's of "41.5-43.4" and "48.7-51.1" according to the Brave browser AI.
I feel butthurt that I'll lose thousands of dollars of unrealized money today, but if those forward P/E ratios are true, then I have conviction for price appreciation over the next two years. I'm still holding out hope for DRMP and the upcoming DRMY to become the next
$CHPY 's.