What Couch Investor said in this video:
- MUbullishlong-termMicron is extremely undervalued, trading at just 7.2x forward earnings with record cash flow and revenue. This cycle is different from prior ones, with no huge revenue drop seen in 2029 or 2030, and the company is well positioned even for a down cycle. The host still owns his position and finds the low multiple unjustified.Source
- WDCneutralWestern Digital trades at a higher multiple than Micron, and the host questions why it gets a higher multiple, calling it nonsensical, but gives no direction on WDC.Source
- OtherneutralSanDisk has a trailing P/E higher than Micron but a low forward P/E; the host uses it as another example of cheap memory names, with no direction given.Source
- AVGObullishlong-termBroadcom remains undervalued, with visibility for AI revenue to double to $115 billion next year and then double again to $230 billion. The host initiated a position last week and wants to grow it.Source
- AMDneutralAMD was mentioned as one of the names whose investors know compute demand will not disappear, but the host gave no specific direction on AMD.Source
- AI Capexpositive for stockslong-termEven if OpenAI or Anthropic stop growing, the need for compute will not disappear and will flow to other players such as open source models, so AI capex demand remains intact.Source
- Otherneutralshort-termPerception is very important in today's market; in the short run, stocks move based on whether models are good and growth is accelerating. As 2027 approaches, perception shifts can cause stocks to hit before fundamentals change.Source