Micron: Rare buying opportunity.
Micron's fundamentals have improved, supported by the significant increase in R&D spending and the release of promising new products, endorsing a 'strong buy' recommendation.
Wall Street analysts expect a 24% increase in earnings for fiscal year 2025 compared to 2022, forecasting positive revenue and EPS growth.
Micron is leveraging favorable trends in the datacenter, mobile, and automobile markets through significant CapEx and R&D investments.
The evaluation is very attractive, with the potential for significant upside exceeding the risks.
Wall Street analysts expect a 24% increase in earnings for fiscal year 2025 compared to 2022, forecasting positive revenue and EPS growth.
Micron is leveraging favorable trends in the datacenter, mobile, and automobile markets through significant CapEx and R&D investments.
The evaluation is very attractive, with the potential for significant upside exceeding the risks.
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