Leverage Shares 2X Long SNDK Daily ETF

🚨 S&P REBALANCING

📢 𝐉𝐔𝐒𝐓 𝐈𝐍: Trump's bid to shield chip supply chain could backfire in Tennessee - Reuters - $Micron Tech(MU.US) $Sandisk(SNDK.US) $NVIDIA(NVDA.US) $SK Hynix(SKHY.US)

$Seagate Tech(STX.US)

🤔 Is Seagate (STX) Too Pricey to Buy Now?

I came across a post about Seagate and decided to dig deeper as I am always on the hunt for value stocks!

Here is what I found:

🔷The Turnaround Story Is Impressive

1️⃣ FY2026 revenue: US$12.2B

2️⃣ Gross margin surged from 32.9% → 52.3% in just 8 quarters 🚀

3️⃣ Free cash flow: ~US$3.1B ✅

But the Stock Has Rerated Hard and I realise that there is NO Margin of Safety ⚠️

At US$798.61, Seagate trades at 56x trailing P/E and 23.3x forward P/E.

There is effectively no margin of safety here. A margin of safety means buying at a discount to intrinsic value to protect you if things go slightly wrong, no buffer to protect you. The current share price already assumes perfect execution.

🔷 Compared to peers:

• Western Digital: 22.7x forward P/E

• Micron: 13.2x

• SanDisk: 7.1x

• Seagate: 23.3x — 🏆 the highest of the group!

On EV/Operating Income, the gap is even clearer:

Seagate at 42.8x 🏆 ,

Western Digital at 34.3x

Micron and SanDisk at just 17.9x.

So yes, Seagate is trading at a clear premium and that premium leaves no room for error.😔

🔷 The Big Question: Can Earnings Justify the Price?

The market is already pricing in a strong FY2027. The consensus EPS is around US$34.33. If EPS reaches US$38–41.50, the valuation becomes more reasonable.

But here’s the risk: because there’s no margin of safety, any earnings miss has an oversized impact.

Currently, STX is down 30% from June’s US$1,144 peak. It looks cheaper than before but it is not exactly cheap based on the valuation ratio compare to peers.

Great business momentum but expensive valuation with very high expectations already built in plus and no margin of safety to fall back on.

Would you buy STX at US$798 or wait for a better entry point that offers a real margin of safety? 👇

Not financial advice. Do your own DD.

Newbie online! Unexpectedly made a fortune!

📌☕️ I was just waiting for NVDA to shoot up including a few good others. PLTR is sliding down so much. I had re enter at my price but did not get it through. Plenty opportunities ahead including that of NVDA. MSFT is moving up so slowly last session. Am waiting for SNDK to shoot UP again while MU remains strong hanging the same price mark! Safetly ended 🟢 amidst chaos and noises! This time I can and will only buy discounted price keep reminding myself haha😜

$Sandisk(SNDK.US)

POST for 3/9/26

1️⃣ Since day1 I like to trade this, simply because this is Rank 1. The stock experienced a short term rally driven by positive sentiment towards the memory and storage sector. Given the rapid move in a relatively short period, I chose to realize gains and exited the position a few times. The trade achieved its objective, allowing me to lock in profits while managing portfolio risk and preserving flexibility for future opportunities.

2️⃣ I have the high vibe to re-entered SNDK on 18/8/26 after the share price returned to a more attractive level. My conviction in the Company’s long term exposure to NAND storage demand remained unchanged, and the pullback provided a better risk reward opportunity. The re entry was based on fundamentals rather than short term price action, reflecting confidence that market growth drivers and earnings potential remained intact.

3️⃣ Over the next few weeks, I will be monitoring NAND pricing trends, inventory normalization, date Center and AI related storage demand, and management’s earning outlook. A sustained improvement in industry fundamentals could support stronger profitability and share price performance. Key risks include weaker demand, renewed pricing pressure, or broader semis sector weakness that could affect sentiment despite company specific progress.

Nvidia and Marvell both got punished on margins even with beats, so the read-through I keep coming back to is that memory suppliers are on the other side of that trade right now, they're the ones with pricing power while the AI chip names are eating the cost. That dynamic doesn't reverse overnight.

been holding MU since the low 100s and honestly just letting it ride through this, not adding more up here. the HBM story is real but so was the last memory cycle right before it wasn't

Spot DRAM prices have been climbing for weeks now and the stocks have already run hard ahead of it, so the real question isn't whether the shortage is real, it's how much of the next two quarters is already priced in. Micron's diversified across DRAM/NAND/HBM while SanDisk is a pure flash bet post spin-off, so they're not really the same trade even though they get lumped together in the same "memory supercycle" headline.