Bernstein contrarian bullish on chip stocks: The market is overly concerned about the slowdown in memory ASP growth. Seagate (STX.US) is the top pick, and Sandisk (SNDK.US) is favored.

智通财经2026/10/23 01:31

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According to Golden Ten Data APP, Bernstein has released its latest research report, maintaining a constructive outlook on memory and HDD overall. The report suggests that the recent pullback has already excessively priced in concerns about a slowdown in gains. In terms of US stocks, Seagate (STX.US) remains the top pick, while Western Digital (WDC.US) and SanDisk (SNDK.US) are also rated as "outperform." Bernstein’s fiscal year 2027 forecasts for all three companies are about 12% higher than market consensus.

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Bernstein contrarian bullish on chip stocks: The market is overly concerned about the slowdown in memory ASP growth. Seagate (STX.US) is the top pick, and Sandisk (SNDK.US) is favored.

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