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NASDAQ:MU
Micron Technology (MU)
Financials 
Technical Analysis 
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They report Wednesday. This has a habit of shares running up till reporting, then it drops after reporting. If you can handle this volatility, buy some before, then after the report. Their prospects are directly tied to a winder economic expansion. Also, there's a new refresh cycle coming in PC sales.
Premium contentPremium contentHe sold a third of his holding. The king of DRAM semis. Likes it, but buy it cheaper. By the end of the year buy it at $60 then $55.
Kim BoltonPremium contentWe reiterate MU, one of the world's largest producers of computer memory chips, as a TOP PICK. Although the sector is in a cyclical slow down, the company continues to build cash reserves, buy back stock and retire its debt. It trades at under 2x book. We continue to recommend a stop at $52, looking to achieve $75 -- 17% potential upside. Yield 0.7%
(Analysts’ price target is $74.79)
Premium contentThe decline in demand for PCs is unsustainable, and we've moved past the phase of cheap computes for our homes during Covid. If Samsung indeed cuts production, there will be a Q3 upside surprise in computers and semis. Whenever the semis cycle turns positive, Micron goes from the worst performer to the best. Buy this now.
Both Samsung and Micron are pulling back in production, so history tells us we are within two quarters before semis bottom in pricing. Can't tell the exact timing, but you need to start buying Micron NOW, which is why shares jumped today even after a lousy quarter. Semis are a boom and bust business with gluts and shortages. Highly cyclical.
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Micron Technology (MU) Frequently Asked Questions
What is Micron Technology stock symbol?
Micron Technology is a American stock, trading under the symbol MU (previously MU-Q on Stockchase) on the NASDAQ (MU). It is usually referred to as NASDAQ:MU or MU
Is Micron Technology a buy or a sell?
In the last year, no analyst issued a Buy, Sell, or Hold rating on MU (previously MU-Q on Stockchase) on Stockchase. Read the latest expert commentary for Micron Technology.
Is Micron Technology a good investment or a top pick?
Micron Technology was recommended as a Top Pick by Jim Cramer - Mad Money on 2023-01-06. Read the latest stock experts ratings for Micron Technology.
Why is Micron Technology stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Micron Technology.
Is Micron Technology worth watching?
Micron Technology is followed by 151 investors on Stockchase and is a trending stock that is worth watching.
What is Micron Technology stock price?
On 2026-06-18, Micron Technology (MU) stock closed at a price of $1,151.01.
It can tread water and return to the high-$70s. If there's a PC refresh cycle this year, MU won't stay this long. But some now and more in the high-$70s.