Micron: I Was Wrong, But The Rally Went Too Far

Seeking Alpha2023-11-06

Micron's stock has performed well in the past three months, but my analysis reveals that massive optimism is already priced in, as the stock is more than 15% overvalued.The company's revenue is ...

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Comments

  • Samthebam
    2023-11-06
    Samthebam
    They have a huge order from NVDA for HBM3 cubea Which will start shippingg from March next year. In my opinion they are another NVDA in the making in terms of market performance as the cost of HMB3 cubes are huge which will positively impact their cash flows form Q3 onwards. Strong buy and ride to $120
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