zubee
04-14 20:04

$Micron Technology(MU)$ It always comes down to how many eyeballs are on the stock. Micron's earnings won't be out until June, so adrelanie junkies are looking to put their capital elsewhere. I still think it's one of the best stocks out there: 1) looking at the PE, it's one of the cheaper stocks in the S&P 500, it's trailing most semi stocks, and we're seeing a structural shift as the company focuses more on AI versus consumer goods. Management keeps beating forward guidance, and AI is doing particularly well. Not sure what else investors can expect—I don't buy the whole CAPEX rhetoric! To make money, you have to spend money; simple rule.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment