Deutsche Bank analyst Sidney Ho says his recent conversations found that investors are equally split between the bull camp, the bear camp, and the neutral camp on the memory names. There seems to be a high degree of uncertainty around cloud data center spending and inventory levels, while most investors seem to be already expecting DRAM pricing weakness in the next two quarters, Ho tells investors in a research note. While acknowledging investor sentiment is tilting toward NAND in the near term, the analyst continues to prefer Buy-rated Micron Technology (MU) over Hold-rated Western Digital (WDC).

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Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here