There is a high possibility that Micron's stock price will rise significantly.
Micron Technology is an American multinational semiconductor manufacturer with a market capitalization of approximately $110 billion, developing memory and data storage technology.
Micron Technology announced its performance for the fourth quarter of the fiscal year 2024 in late September, showing dramatic performance recovery due to strong recovery in memory and improved position in high-profit areas like AI.
As memory prices rise and the demand for AI solutions continues to increase, Micron believes it is highly likely to achieve solid sales and profit growth in 2025.
Since mid-summer, MU stock prices have been falling, resulting in a discount from the valuation. Micron Technology believes it can easily trade at a price 30% higher without being overvalued.
In my opinion, due to the potential for significant increase from here, MU stock is worth a 'buy' rating.
I am a quantitative research analyst at Oakf Investments, operating the investment group "Beyond The Wall Investment," specializing in uncovering mispriced stocks based on exclusive Wall Street insights.The Wall Investmentbest inc operates and specializes in discovering stocks with incorrectly priced based on unique information from Wall Street.
Micron Technology announced its performance for the fourth quarter of the fiscal year 2024 in late September, showing dramatic performance recovery due to strong recovery in memory and improved position in high-profit areas like AI.
As memory prices rise and the demand for AI solutions continues to increase, Micron believes it is highly likely to achieve solid sales and profit growth in 2025.
Since mid-summer, MU stock prices have been falling, resulting in a discount from the valuation. Micron Technology believes it can easily trade at a price 30% higher without being overvalued.
In my opinion, due to the potential for significant increase from here, MU stock is worth a 'buy' rating.
I am a quantitative research analyst at Oakf Investments, operating the investment group "Beyond The Wall Investment," specializing in uncovering mispriced stocks based on exclusive Wall Street insights.The Wall Investmentbest inc operates and specializes in discovering stocks with incorrectly priced based on unique information from Wall Street.
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Magnificent7 : Oh, really?
ズルりん : I hope memory semiconductor stocks will also rise
I am also paying attention to MU along with nvidia (*^^*)