Memory Chip Industry Outperforms amid Sector Rotation

20 days ago

John

"Now, if everybody this morning goes to their Bloomberg terminal and type MRR, I think that stands for member rank returns. going to go to year to date. You look at the S&P 500 index, the best performers since the start of the year. Number one, SanDisk uh up 567%. Western Digital up 291%. And then you have Micron Technology, Seagate Technology. Anyway, you you get the picture. All four of these stocks, John, have to do with data storage and the memory chip industry. So if you maybe could look go all the way back to January this year and decide where to put your money, it wasn't in the MAG7s. It was actually in the memory chip industry. SanDisk, Western Digital, Micron, uh the big memory chip maker, and its competitor Seagate. All the best performing stocks in the S&P 500 for 2025. If you do look at the bottom though, there are some retailers down there, which I think is just showing you that there were some companies that did struggle with tariffs."

The speaker outlines that the memory chip sector, represented by companies such as SanDisk, Western Digital, Micron Technology, and Seagate Technology, has been the standout performer in the S&P 500 year to date, especially looking ahead to 2025. This sector outpaced traditional MAG7 stocks, contrasting with struggling retail companies impacted by tariffs, suggesting a strong sector rotation towards data storage.

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