{
  "id": 18099098,
  "title": "Skip the \"Magnificent Seven\": 2 Underappreciated Memory Stocks With More Room to Run",
  "url": "https://urgent.news/2026/11/04/skip-the-magnificent-seven-2-underappreciated-memory-stocks-with-more",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-04T09:21:00.000Z",
  "source": {
    "name": "Motley Fool",
    "slug": "motley-fool",
    "url": "https://www.fool.com/investing/2026/11/04/skip-the-magnificent-seven-2-underappreciated-memo/?source=iedfolrf0000001"
  },
  "original_language": "en",
  "account": "Despite the popularity of buying shares in the biggest tech companies as a solid beginning for investing during the AI boom, it's advisable not to entirely ignore the lesser-known tech companies. Specifically, memory manufacturers SK Hynix (SKHY +2.08%) and Micron Technology (MU +2.58%) have shown promising potential for investors who are open to exploring beyond the widely recognized names. These memory makers' share prices have fallen by around 20% over the past month, but they present compelling opportunities for long-term growth. Despite the recent drop in SK Hynix's share price, the company has delivered remarkable financial results in its third-quarter report on October 28. Sales and earnings are growing rapidly, and the demand for its memory chips is at an all-time high. The management expects the demand-supply imbalance to continue persisting until 2030. SK Hynix, as the second-largest player in the global DRAM market with a 25% market share, is well-positioned to observe the future trends in the memory market. Micron Technology's shares have not fared much better but are still showing impressive growth. Its fiscal 2026 fourth-quarter report revealed a 352% increase in sales compared to the same period last year, with guidance for fiscal 2027 Q1 sales at $61.5 billion. Like SK Hynix, Micron is experiencing a surge in demand for memory chips and holds a 24% share of the DRAM market. The current low price-to-earnings (P/E) ratios of both stocks—SK Hynix at 11 and Micron at 13—make them excellent bargains in the tech sector, where the average P/E ratio is 24. Given the robust growth forecasts for data center spending, which is expected to double to $2.1 trillion by 2028, investing in SK Hynix and Micron could be highly rewarding in the long run.",
  "summary": "SK Hynix and Micron deserve to be on your buy list.",
  "key_points": [
    "SK Hynix and Micron Technology offer underappreciated memory stocks with growth potential.",
    "Both companies' shares fell around 20% in the past month, presenting buying opportunities.",
    "SK Hynix's DRAM market share of 25% and Micron's 24% position them well for future trends."
  ],
  "editors_take": "Shifting focus toward memory manufacturers allows investors to capitalize on the massive data center spending surge through undervalued stocks that command significant shares of the global DRAM market.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}