Motley Fool Money Can These Three 2025 Winners Keep Winning?
12 snips
Dec 22, 2025 
Alicia Alfiere, an investment analyst, and Keith Speights, a savvy stock commentator, dive into the future of three market winners. They discuss how AI demand propelled Micron's 2025 success, with Alicia highlighting risks to its valuation. Keith underscores Robinhood's stellar returns from strategy and market conditions, yet warns of future uncertainties. Finally, they explore Newmont's impressive cash flow and the influence of gold prices, suggesting moderate macro risks could buoy its performance. Tune in for expert insights!
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Micron's AI Cycle Fueled 2025 Surge
- Micron's 2025 surge came from huge data-center demand and scarce memory supply driving revenue and margin expansion.
- High-bandwidth memory (HBM) bookings for 2026 are largely committed, underpinning near-term strength.
Mind Valuation Risk With Micron
- Watch valuation when deciding on Micron: it's trading near 100x price-to-free-cash-flow, which embeds high expectations.
- Avoid buying solely on momentum since capacity builds and pricing normalization could pressure returns next year.
Geopolitics Strengthens Micron's Moat
- Micron's U.S. base gives it geopolitical advantage as one of three HBM suppliers, aiding pricing power in AI infrastructure.
- That structural position could let Micron beat the market even if gains moderate from 2025 levels.