NasdaqGS - NasdaqGS Real Time Price. Currency in USD
5/14/21 As of 2:31PM EDT. Market open.
“Goeckeler is bullish about the outlook for the $65 billion NAND flash memory market. With the rise of data clouds and intelligent devices, he says demand for the chips is growing by 30% to 35% a year.”
Congratulations to WDC and CEO Goeckeler and I would take back every bad thing I said about them except I don’t own any stocks in WDC. WDC has now surpassed AAPL in stock price returns since the lows of 3/20/20. It is not how good you are, it is how lucky you are in the markets, but then again, if the NAND makers got together and triggered the Chia crypto mining craze then may be they are smarter than what we give them credit for. Is it bullish from here? Is WDC a proxy for crypto mining? Who knows? Don’t take stock advice from some guy on the internet.