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Memory Stocks Look Attractive as Service Sector Expansion Continues

Investing.com·
Memory Stocks Look Attractive as Service Sector Expansion Continues

Memory stocks, particularly Micron Technology, are positioned as attractive near-term buys as the service sector continues expanding. Despite Samsung's record earnings announcement, its shares fell 10%, highlighting South Korea's influence on memory stocks. The ISM non-manufacturing index remained healthy at 54 in June with moderating price pressures, while SpaceX was added to the NASDAQ 100 with restricted weighting due to its limited float.

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