Tim Seymour: Here's what to expect from the companies yet to report earnings

Watch on YouTube ↗  |  April 30, 2026 at 18:17  |  4:42  |  CNBC
Speakers
Tim Seymour — Seymour Asset Management, Fast Money Trader

Summary

Tim Seymour discusses upcoming earnings for Apple and memory names (SanDisk, Western Digital). He is bullish on Apple as a defensive stalwart and prefers SanDisk over Western Digital due to valuation and Chinese competition risk.

  • Tim Seymour is long Apple, citing defensive qualities, vertical integration, and services growth.
  • SanDisk is favored over Western Digital on valuation and relative earnings momentum.
  • Western Digital is seen as overvalued with high expectations and risk from Chinese memory supply.
  • The memory supercycle continues but supply constraints and Chinese competition are key factors.
  • Apple's share buybacks have kept market cap lower but benefit shareholders.
  • Earnings reports for Apple, SanDisk, and Western Digital are the immediate catalysts.
Trade Ideas
Tim Seymour Seymour Asset Management, Fast Money Trader 1:01
Apple is a defensive long-term hold
Apple is a defensive stalwart with vertical integration, pricing power, and strong services revenue. The company can absorb memory cost increases and may even take market share. It has not overspent on CapEx, has a strong buyback program, and has outperformed the S&P 500 over multiple time frames. Given the uncertain macro environment, Apple is a reliable long-term hold.
AAPL HIGH
Tim Seymour Seymour Asset Management, Fast Money Trader 3:28
SanDisk: better value than Western Digital
SanDisk is preferred over Western Digital. It is trading at a more reasonable valuation relative to its own five-year average (10–15 times forward earnings) while its earnings per share have kept pace with the stock's meteoric rise. SanDisk is seen as having a better risk/reward profile within the memory space.
SanDisk MED
Tim Seymour Seymour Asset Management, Fast Money Trader 4:17
Western Digital overvalued with high expectations
Western Digital has gotten overly excited, trading at a high multiple off a smaller base. The bar is incredibly high, and the market is discounting the ability of Chinese memory manufacturers to bring more supply to market. This makes the stock vulnerable.
WDC MED
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This CNBC video, published April 30, 2026, features Tim Seymour discussing AAPL, SanDisk, WDC. 3 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Tim Seymour  · Tickers: AAPL, SanDisk, WDC