Lenovo: Undervalued, But Surging Memory Prices Threaten Margins And End-User Demand

PC maker Lenovo ( LNVGY ) ( LNVGF ) (992.HK) is one of those “it’s always something” stocks that seems to frequently be held back by one or another macro concern—whether that is the fractious relationship between theAnalyst’s Disclosure:I/we have a beneficial long position in the shares of DELL, LNVGY either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no b ...