Zacks Investment Ideas feature highlights: Micron Technology, Nvidia and Advanced Micro Devices

Zacks12-24

For Immediate Release Chicago, IL – December 24, 2024 – Today, Zacks Investment Ideas feature highlights Micron Technology, Inc. MU, Nvidia's NVDA and Advanced Micro Devices AMD. 2 AI Stocks to Buy at...

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MU, Nvidia's NVDA and Advanced Micro Devices AMD.\n2 AI Stocks to Buy at...</p>\n\n<a href=\"https://finance.yahoo.com/news/zacks-investment-ideas-feature-highlights-122900326.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Zacks Investment Ideas feature highlights: Micron Technology, Nvidia and Advanced Micro Devices</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nZacks Investment Ideas feature highlights: Micron Technology, Nvidia and Advanced Micro Devices\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-24 20:29 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/zacks-investment-ideas-feature-highlights-122900326.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>For Immediate Release\nChicago, IL – December 24, 2024 – Today, Zacks Investment Ideas feature highlights Micron Technology, Inc. MU, Nvidia's NVDA and Advanced Micro Devices AMD.\n2 AI Stocks to Buy at...</p>\n\n<a href=\"https://finance.yahoo.com/news/zacks-investment-ideas-feature-highlights-122900326.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2403377893.USD","symbol_name":"ALLIANZ SELECT INCOME AND GROWTH \"AM\" (USD) INC","start_time":0,"source_url":"https://finance.yahoo.com/news/zacks-investment-ideas-feature-highlights-122900326.html","article_id":"2493082652","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/pXM1demKWkcUam5GodRDIw--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/cbfcc2d36e5d5391b79e00de30b0354f"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2493082652","pubTimestamp":1735043340,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Chicago, IL – December 24, 2024 – Today, Zacks Investment Ideas feature highlights Micron Technology, Inc. MU, Nvidia's NVDA and Advanced Micro Devices AMD.2 AI Stocks to Buy at Huge Discounts in 2025: MU, AMD. Today's episode of Full Court Finance at Zacks explores where the stock market stands heading into 2025.The episode then dives into two technology stocks—Micron and Advanced Micro Devices—trading over 50% below their average price targets that investors might want to buy in 2025 and hold for long-term artificial intelligence  growth.The two standout semiconductor stocks we dig into today trade over 40% below their highs heading into Christmas. Both Micron and AMD also offer exposure to the AI boom.Buy Micron Stock Down Over 40% for Huge Long-Term AI Upside. Micron stock is volatile, but it has climbed 740% in the past 15 years vs. Tech's 600%. This outperformance includes the AI chip stock's 43% fall from its summer 2","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU2403377893.USD":"ALLIANZ SELECT INCOME AND GROWTH \"AM\" (USD) INC","NVDA":"英伟达","LU0289739343.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (SGD) ACC","LU1880398554.USD":"AMUNDI FUNDS GLOBAL EQUITY \"A2\" (USD) INC","LU0234570918.USD":"高盛全球核心股票组合Acc Close","GFS":"GLOBALFOUNDRIES Inc.","NVDS":"Tradr 1.5X Short NVDA Daily ETF","NVDU":"Direxion Daily NVDA Bull 2X Shares","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU1127390331.HKD":"AB SICAV I - ALL MARKET INCOME PORTFOLIO \"A\" (HKD) ACC","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc","LU2213496289.HKD":"ALLIANZ INCOME AND GROWTH \"AT\" (HKD) ACC","NVIW.SI":"NVDA 3xLongSG261006","LU0124676726.USD":"AB SICAV I - SUSTAINABLE US THEMATIC PORTFOLIO \"A\" (USD) ACC","LU2125909916.SGD":"Natixis Thematics Safety R/A SGD","LU2290526834.HKD":"BGF NEXT GENERATION TECHNOLOGY \"A2\" (HKDHDG) ACC","LU2211815571.USD":"ALLIANZ POSITIVE CHANGE \"AT\" (USD) ACC","NVDX":"T-REX 2X LONG NVIDIA DAILY TARGET ETF","LU1242518857.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"I\" (USD) ACC","MU":"美光科技","NVDY":"YIELDMAX NVDA OPTION INCOME STRATEGY ETF","LU0267386448.USD":"FIDELITY FIRST ALL COUNTRY WORLD \"A\" (USD) INC","IE00BK4W5M84.HKD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (HKD) ACC","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","LU2237957902.USD":"NIKKO AM GLOBAL EQUITY \"F\" (USD) ACC","SG9999002224.SGD":"Allianz Global High Payout SGD","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","SG9999002232.USD":"Allianz Global High Payout USD","LU2077746001.SGD":"Blackrock ESG Multi-Asset A2 SGD-H","LU0308772762.SGD":"Blackrock Global Allocation A2 SGD-H","LU1145028129.USD":"ALLIANZ INCOME AND GROWTH \"AQ\" (USD) INC","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","3NVD.UK":"LS 3X NVIDIA","LU0345769128.USD":"NINETY ONE GSF GLOBAL EQUITY \"A\" (USD) ACC","AMD":"美国超微公司","LU0096364046.USD":"CT (LUX) I AMERICAN \"DU\" (USD) ACC","LU2505996681.GBP":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4H\" (GBPHDG) INC","LU2505996509.AUD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4H\" (AUDHDG) INC","LU0061475181.USD":"THREADNEEDLE (LUX) AMERICAN \"AU\" (USD) ACC","LU1778281490.HKD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AD\" (HKD) INC","LU0786609619.USD":"高盛全球千禧一代股票组合Acc","NVD2.UK":"2X NVIDIA ETP","NVD":"GraniteShares 2x Short NVDA Daily ETF","SNVD.UK":"LS -1X NVIDIA","2NVD.UK":"2X NVIDIA ETP","NVDD":"Direxion Daily NVDA Bear 1X Shares","NVD3.UK":"LS 3X NVIDIA","PEG":"公务集团","NVDS.UK":"LS -1X NVIDIA"},"translate_title":"Zacks Investment Ideas特色亮点：美光科技、英伟达和Advanced Micro Devices","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AMD":1,"PEG":1,"MU":1,"NVDA":1,"GFS":0.9,"NVDD":0.6,"NVD":0.6,"NVD2.UK":0.6,"NVD3.UK":0.6,"NVDS":0.6,"NVDS.UK":0.6,"NVDU":0.6,"NVDX":0.6,"NVDY":0.6,"NVIW.SI":0.6,"SNVD.UK":0.6,"3NVD.UK":0.6,"2NVD.UK":0.6},"content_text":"For Immediate Release\nChicago, IL – December 24, 2024 – Today, Zacks Investment Ideas feature highlights Micron Technology, Inc. MU, Nvidia's NVDA and Advanced Micro Devices AMD.\n2 AI Stocks to Buy at Huge Discounts in 2025: MU, AMD\nToday's episode of Full Court Finance at Zacks explores where the stock market stands heading into 2025.\nThe episode then dives into two technology stocks—Micron and Advanced Micro Devices—trading over 50% below their average price targets that investors might want to buy in 2025 and hold for long-term artificial intelligence (AI) growth.\nNo matter what happens before Christmas, a larger downturn will come at some point to recalibrate overheated stocks.\nInvestors should start adding to their watchlists to take advantage of the next stock market sale whenever it comes. The next downturn should be bought up quickly given the outlook for 2025 and 2026 earnings growth. Plus, slower rate cuts indicate that the economy remains sturdy.\nThankfully, investors don't have to wait for the next pullback to find great stocks trading at huge discounts.\nThe two standout semiconductor stocks we dig into today trade over 40% below their highs heading into Christmas. Both Micron and AMD also offer exposure to the AI boom.\nBuy Micron Stock Down Over 40% for Huge Long-Term AI Upside\nMemory chip powerhouse Micron Technology, Inc. tanked following its disappointing Q1 fiscal 2025 results and guidance on December 18.\nMicron cited a \"weaker\" near-term outlook for consumer-oriented markets as part of its downbeat Q2 outlook. But MU anticipates a return to growth for that area in the back half of its FY25.\nThe recent selloff came even though its AI growth remains stellar. Micron's AI-heavy data center revenue skyrocketed 40% sequentially and over 400% YoY, helping data center sales surpass 50% of its total revenue for the first time. \"We continue to gain share in the highest margin and strategically important parts of the market and are exceptionally well positioned to leverage AI-driven growth,\" CEO Sanjay Mehrotra said in prepared remarks.\nMicron has predicted AI will drive record memory chip demand, and MU is a key supplier of memory chips for Nvidia's industry-leading AI processors. MU is projected to grow its revenue by 44% in FY25 and 26% in FY26 to reach roughly $46 billion—adding $20 billion to the top line between FY24 and FY26.\nMicron is projected to grow its adjusted earnings by 566% in FY25 and another 45% next year. These estimates will come down slightly once more analysts provide updated post-Q1 estimates.\nSome of the downbeat earnings outlook has already been priced into Micron stock. On top of that, Micron has a strong balance sheet and pays dividends. Wall Street still loves the stock long-term, with 24 of the 29 brokerage recommendations Zacks has at \"Strong Buys.\"\nMicron stock is volatile, but it has climbed 740% in the past 15 years vs. Tech's 600%. This outperformance includes the AI chip stock's 43% fall from its summer 2024 highs. The downturn has Micron trading 70% below its average Zacks price target.\nMicron is attempting to find support at its 2024 lows, which are nearly in-line with its 2021 and 2022 peaks. Valuation wise, MU trades at a 66% discount to Tech and miles below its highs at 9.1X forward earnings.\nMicron's stellar earnings growth, mixed with its downturn, has it trading at a 90% discount to Tech in terms of its price/earnings-to-growth (PEG) ratio.\nBuy Nvidia Rival AMD Stock Down Over 40% from Its Highs?\nAdvanced Micro Devices is a standout semiconductor company across GPUs and CPUs. AMD is attempting to gain AI chip market share against its GPU competitor and industry powerhouse Nvidia.\nAMD grew alongside the rapid expansion of the gaming industry, data centers, and beyond over the past 10 years. AMD's revenue soared from around $4 billion in FY15 to nearly $23 billion last year.\nAMD remains far behind AI chip leader Nvidia. Wall Street has dumped the stock since March as they fear it won't be able to catch Nvidia. But the AI pie is massive and AMD benefits immensely from the same megatrends as Nvidia.\nAMD posted record revenue in Q3, driven by \"higher sales of EPYC and Instinct data center products and robust demand for our Ryzen PC processors.\" The company also remains on track to deliver record annual sales in 2024, boosted by AI data center growth.\nAMD might be the Pepsi to Nvidia's Coca-Cola in the AI chip market. But being No. 2 is still a fantastic place to be. AMD is projected to grow its revenue by 13% in 2024 and 26% next year from $22.68 billion in FY23 to $32.37 billion in 2025. AMD is expected to boost its adjusted earnings by 25% in 2024 and then expand its EPS by 48% in 2025.\nAMD is streamlining its business after offering somewhat disappointing guidance last quarter. AMD is down 18% in 2024, lagging Tech's 30% climb, and it trades over 40% below its March highs. The AI chip stock's average Zacks price target offers 57% upside, and 31 of the 39 brokerage recommendations Zacks has are \"Strong Buys.\"\nAMD trades at a 30% discount to its five-year median at 28.9X forward earnings and not too far above Tech. Its strong earnings growth outlook, coupled with its downturn, has it trading at a 40% discount to Tech in terms of its PEG ratio.\nAMD's strong comparative value is in place even though it skyrocketed over 4,400% in the past 10 years to blow away Tech's 322%. AMD stock is attempting to find support at its 200-week moving average while trading at some of its most oversold RSI levels of the past decade.\nWhy Haven't You Looked at Zacks' Top Stocks?\nSince 2000, our top stock-picking strategies have blown away the S&P's +7.0 average gain per year. Amazingly, they soared with average gains of +44.9%, +48.4% and +55.2% per year.\nToday you can access their live picks without cost or obligation.\nSee Stocks Free >>\nMedia Contact\nZacks Investment Research\n800-767-3771 ext. 9339\nsupport@zacks.com\nhttps://www.zacks.com\nPast performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performancefor information about the performance numbers displayed in this press release.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nAdvanced Micro Devices, Inc. (AMD) : Free Stock Analysis Report\nMicron Technology, Inc. (MU) : Free Stock Analysis Report\nNVIDIA Corporation (NVDA) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.4","shortVersion":"4.29.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2493082652"}