Zaid

Now, the risk for SanDisk moving forward is the same risk that comes with any cyclical stock.

Memory is famously a boom and bust industry.

Prices go up, everyone makes a fortune, then supply catches up, then prices collapse, and then a lot of companies are left holding the bag.

The same thing is gonna happen this time.

It's just a matter of how long is it gonna take.

But for now, SanDisk investors are riding the waves.

If you guys wanna learn more about Sandisk and the bull and bear case moving forward, check out our deep dive that we did about the company a few weeks ago.

We'll put a link in the description.

Let's talk about one more winner to wrap this section.

This might be the most interesting winner from Q1.

It's a company called Lumentum.

Now, unless you're deep in the weeds on AI infrastructure, you probably haven't heard of this company, but Lumentum has been one of the best performing stocks in the entire market this year, with shares going up 80% in Q1.

And if you zoom out, the stock has gone up over a thousand percent in the last 12 months.

See, Lumentum makes optical and photonic products needed for data centers.

Think lasers, optical circuit switches, and high-speed transceivers.

Basically, they make the physical components that allow data to move at the speed of light inside data centers.

So like if Nvidia GPUs are the brains of AI, Lumentum makes the nervous system.

Without their products, all those GPUs couldn't talk to each other.

And the demand for their products is through the roof right now.

Their most recent quarter crushed estimates showing revenue growth of 65% year over year to $665 million.