This is a great buying opportu

This is a great buying opportunity. The potential of HBM is going to be a game changer for Micron with it being potentially capable of surpassing the entire DRAM revenue of today. The current consumer weakness is presenting a perfect opportunity to add on further position in MU as the consumer market is expected to recover in the second half of 2025, with Microsoft'S end of life support for Windows 10 and the uptick in demand for AIPC as we see more and more AI use case being made available to consumer.

Apart from the consumer market, NVIDIA B200 and GB200 platforms have designed in Micron's HBM product into the platforms. This is expected to ramp up even further with the expected increasing maturitt and shipment volume of Nvidia B200 and GB200

As such, Micron's current predicament is just a temporary blip and you could see it as a blessing in disguise for you to pick up further position at a great price for an awesome gains that could surpass NVDA over the next 12 months.

Micron's stock may see its worst day since 2020. Why the bulls are still upbeat.

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

Gtzen
12-20
Gtzen
Pre-market not looking good...
zookz
12-20
zookz
LOAD UP! 🚀
tiger_cc
12-20
tiger_cc
Agree

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The potential of HBM is going to be a game changer for Micron with it being potentially capable of surpassing the entire DRAM revenue of today. The current consumer weakness is presenting a perfect opportunity to add on further position in MU as the consumer market is expected to recover in the second half of 2025, with Microsoft'S end of life support for Windows 10 and the uptick in demand for AIPC as we see more and more AI use case being made available to consumer.&nbsp;\nApart from the consumer market, NVIDIA B200 and GB200 platforms have designed in Micron's HBM product into the platforms. This is expected to ramp up even further with the expected increasing maturitt and shipment volume of Nvidia B200 and GB200 &nbsp;\nAs such, Micron's current predicament is just a temporary blip and you could see it as a blessing in disguise for you to pick up further position at a great price for an awesome gains that could surpass NVDA over the next 12 months.</body></html>","htmlText":"<html><head></head><body>This is a great buying opportunity. The potential of HBM is going to be a game changer for Micron with it being potentially capable of surpassing the entire DRAM revenue of today. The current consumer weakness is presenting a perfect opportunity to add on further position in MU as the consumer market is expected to recover in the second half of 2025, with Microsoft'S end of life support for Windows 10 and the uptick in demand for AIPC as we see more and more AI use case being made available to consumer.&nbsp;\nApart from the consumer market, NVIDIA B200 and GB200 platforms have designed in Micron's HBM product into the platforms. This is expected to ramp up even further with the expected increasing maturitt and shipment volume of Nvidia B200 and GB200 &nbsp;\nAs such, Micron's current predicament is just a temporary blip and you could see it as a blessing in disguise for you to pick up further position at a great price for an awesome gains that could surpass NVDA over the next 12 months.</body></html>","text":"This is a great buying opportunity. The potential of HBM is going to be a game changer for Micron with it being potentially capable of surpassing the entire DRAM revenue of today. The current consumer weakness is presenting a perfect opportunity to add on further position in MU as the consumer market is expected to recover in the second half of 2025, with Microsoft'S end of life support for Windows 10 and the uptick in demand for AIPC as we see more and more AI use case being made available to consumer. Apart from the consumer market, NVIDIA B200 and GB200 platforms have designed in Micron's HBM product into the platforms. This is expected to ramp up even further with the expected increasing maturitt and shipment volume of Nvidia B200 and GB200 As such, Micron's current predicament is just a temporary blip and you could see it as a blessing in disguise for you to pick up further position at a great price for an awesome gains that could surpass NVDA over the next 12 months.","highlighted":1,"essential":1,"paper":1,"likeSize":26,"commentSize":3,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/383347252953352","repostId":2492172778,"repostType":2,"repost":{"id":"2492172778","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1734621780,"share":"https://www.laohu8.com/m/news/2492172778?lang=&edition=full","pubTime":"2024-12-19 23:23","market":"fut","language":"en","title":"Micron's stock may see its worst day since 2020. Why the bulls are still upbeat.","url":"https://stock-news.laohu8.com/highlight/detail?id=2492172778","media":"Dow Jones","summary":"Analysts are largely upbeat on Micron's stock, pointing to an upbeat AI narrative while noting that pressures on consumer markets shouldn't be much shock to Wall Street. Micron Technology Inc. came up well short of the consensus view with its outlook for the current quarter, but that shouldn't have come as much surprise to Wall Street, according to to TD Cowen analyst Krish Sankar.Rather, the biggest shock to him is that Micron's stock is down so much after the company's forecast, which called for $1.43 in adjusted earnings per share at the midpoint. Admittedly, that was even under Sankar's below-consensus estimate of $1.65, but he spies a buying opportunity \"given the well-understood weakness in near-term memory pricing\" but upbeat tone on artificial intelligence.Micron shares are off 16.6% in morning trading Thursday and pacing toward their worst single-day percentage decline since a 19.8% drop seen on March 16, 2020, according to Dow Jones Market Data.Don't miss: Broadcom is having","content":"\n\nMW Micron's stock may see its worst day since 2020. Why the bulls are still upbeat.\n\n\n By Emily Bary \n\n\n Analysts are largely upbeat on Micron's stock, pointing to an upbeat AI narrative while noting that pressures on consumer markets shouldn't be much shock to Wall Street \n\n\n Micron Technology Inc. came up well short of the consensus view with its outlook for the current quarter, but that shouldn't have come as much surprise to Wall Street, according to to TD Cowen analyst Krish Sankar. \n\n\n Rather, the biggest shock to him is that Micron's stock <a href=\"https://laohu8.com/S/MU\">$(MU)$</a> is down so much after the company's forecast, which called for $1.43 in adjusted earnings per share at the midpoint. Admittedly, that was even under Sankar's below-consensus estimate of $1.65, but he spies a buying opportunity \"given the well-understood weakness in near-term memory pricing\" but upbeat tone on artificial intelligence. \n\n\n Read: Micron's stock skids as AI momentum doesn't make up for pressures elsewhere \n\n\n Micron shares are off 16.6% in morning trading Thursday and pacing toward their worst single-day percentage decline since a 19.8% drop seen on March 16, 2020, according to Dow Jones Market Data. \n\n\n Following the results, there's investor fear \"that we are entering a multi-quarter correction in memory, similar to that of 2022-2023,\" according to Sankar. But he thinks that's an extreme view. \n\n\n For one, Micron now has the benefit of high-bandwidth memory, a fast-growing part of the business that's seeing strong demand in the artificial-intelligence realm. Plus, Sankar expects inventory conditions to normalize by the second half of next calendar year, unlike what was seen in the 2022-2023 window. \n\n\n \"We believe we are still in the very early upcycle for consumer electronics driven by AI applications,\" Sankar continued, as he kept his buy rating but lowered his target price to $125 from $135. \n\n\n But BofA's Vivek Arya was more downbeat, citing the weakness in personal computers and phones, which is weighing on gross margins. \n\n\n \"Historically the stock has struggled to outperform when [gross-margin] expansion has remained muted, leading to our stock downgrade to neutral from buy, even though we still feel positive about [Micron's] position in the HBM/AI market,\" Arya wrote. He lowered his price objective to $110 from $125. \n\n\n Arya is in the minority, as 37 of 43 analysts tracked by FactSet hold bullish ratings. That includes Harsh Kumar of Piper Sandler, who kept the faith. \"Most importantly, in our view, Micron's HBM story remains intact as the company has positioned itself to capitalize on market-expansion opportunities from data-center investments in 2025,\" he wrote. \n\n\n He lowered his price target to $120 from $150 but reiterated an overweight call, with Micron's management noting that shipments exceeded what was planned in the latest quarter. \n\n\n Don't miss: Broadcom is having its own 'Nvidia moment' \n\n\n Cantor Fitzgerald's C.J. Muse acknowledged that the outlook \"was clearly much worse\" than buy-side investors were expecting, but he saw this bout as \"nothing but a flesh wound\" for the company's dynamic random-access memory business. \n\n\n \"Following the post-Powell blood bath at the close Wednesday, shares clearly appear to be heading lower, with AI leverage unlikely to offer support near-term,\" he wrote. \"This said, we do view this as simply a pause led by the more cyclical areas of the business with the more secular AI levers still well in play.\" \n\n\n Micron shares still look poised to outperform next year, Muse added, while sticking with his overweight rating but cutting his target price to $130 from $150. \n\n\n -Emily Bary \n\n\n This content was created by MarketWatch, which is operated by Dow Jones &amp; Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal. \n\n<pre>\n \n</pre>\n\n (END) Dow Jones Newswires\n\n\n December 19, 2024 10:23 ET (15:23 GMT)\n\n\n Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n\n","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Micron's stock may see its worst day since 2020. 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Why the bulls are still upbeat.\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\nDow Jones \n2024-12-19 23:23\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n\n\nMW Micron's stock may see its worst day since 2020. Why the bulls are still upbeat.\n\n\n By Emily Bary \n\n\n Analysts are largely upbeat on Micron's stock, pointing to an upbeat AI narrative while noting that pressures on consumer markets shouldn't be much shock to Wall Street \n\n\n Micron Technology Inc. came up well short of the consensus view with its outlook for the current quarter, but that shouldn't have come as much surprise to Wall Street, according to to TD Cowen analyst Krish Sankar. \n\n\n Rather, the biggest shock to him is that Micron's stock <a href=\"https://laohu8.com/S/MU\">$(MU)$</a> is down so much after the company's forecast, which called for $1.43 in adjusted earnings per share at the midpoint. Admittedly, that was even under Sankar's below-consensus estimate of $1.65, but he spies a buying opportunity \"given the well-understood weakness in near-term memory pricing\" but upbeat tone on artificial intelligence. \n\n\n Read: Micron's stock skids as AI momentum doesn't make up for pressures elsewhere \n\n\n Micron shares are off 16.6% in morning trading Thursday and pacing toward their worst single-day percentage decline since a 19.8% drop seen on March 16, 2020, according to Dow Jones Market Data. \n\n\n Following the results, there's investor fear \"that we are entering a multi-quarter correction in memory, similar to that of 2022-2023,\" according to Sankar. But he thinks that's an extreme view. \n\n\n For one, Micron now has the benefit of high-bandwidth memory, a fast-growing part of the business that's seeing strong demand in the artificial-intelligence realm. Plus, Sankar expects inventory conditions to normalize by the second half of next calendar year, unlike what was seen in the 2022-2023 window. \n\n\n \"We believe we are still in the very early upcycle for consumer electronics driven by AI applications,\" Sankar continued, as he kept his buy rating but lowered his target price to $125 from $135. \n\n\n But BofA's Vivek Arya was more downbeat, citing the weakness in personal computers and phones, which is weighing on gross margins. \n\n\n \"Historically the stock has struggled to outperform when [gross-margin] expansion has remained muted, leading to our stock downgrade to neutral from buy, even though we still feel positive about [Micron's] position in the HBM/AI market,\" Arya wrote. He lowered his price objective to $110 from $125. \n\n\n Arya is in the minority, as 37 of 43 analysts tracked by FactSet hold bullish ratings. That includes Harsh Kumar of Piper Sandler, who kept the faith. \"Most importantly, in our view, Micron's HBM story remains intact as the company has positioned itself to capitalize on market-expansion opportunities from data-center investments in 2025,\" he wrote. \n\n\n He lowered his price target to $120 from $150 but reiterated an overweight call, with Micron's management noting that shipments exceeded what was planned in the latest quarter. \n\n\n Don't miss: Broadcom is having its own 'Nvidia moment' \n\n\n Cantor Fitzgerald's C.J. Muse acknowledged that the outlook \"was clearly much worse\" than buy-side investors were expecting, but he saw this bout as \"nothing but a flesh wound\" for the company's dynamic random-access memory business. \n\n\n \"Following the post-Powell blood bath at the close Wednesday, shares clearly appear to be heading lower, with AI leverage unlikely to offer support near-term,\" he wrote. \"This said, we do view this as simply a pause led by the more cyclical areas of the business with the more secular AI levers still well in play.\" \n\n\n Micron shares still look poised to outperform next year, Muse added, while sticking with his overweight rating but cutting his target price to $130 from $150. \n\n\n -Emily Bary \n\n\n This content was created by MarketWatch, which is operated by Dow Jones &amp; Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal. \n\n<pre>\n \n</pre>\n\n (END) Dow Jones Newswires\n\n\n December 19, 2024 10:23 ET (15:23 GMT)\n\n\n Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","IE0002270589.USD":"LEGG MASON CLEARBRIDGE VALUE \"A\" (USD) INC","LU0157215616.USD":"FIDELITY GLOBAL FOCUS \"A\" INC","BK4512":"苹果概念","LU2286300806.USD":"Allianz Cyber Security AT Acc USD","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","LU1366333091.USD":"FIDELITY GLOBAL FOCUS \"A\" (USD) ACC","LU1316542783.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD","BK4554":"元宇宙及AR概念","IE00B7SZLL34.SGD":"Legg Mason ClearBridge - Value A Acc SGD-H","LU0889566641.SGD":"FTSF - Templeton Shariah Global Equity A Acc SGD","BK4532":"文艺复兴科技持仓","BK4553":"喜马拉雅资本持仓","LU2250418816.HKD":"BGF WORLD TECHNOLOGY \"A\" (HKD) ACC","LU0792757196.USD":"TEMPLETON SHARIAH GLOBAL EQUITY FUND \"A\" (USD) ACC","IE00B19Z3581.USD":"Legg Mason ClearBridge - Value A Acc USD","LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","BK4585":"ETF&股票定投概念","MU":"美光科技","LU2360106780.USD":"BGF WORLD TECHNOLOGY \"A4\" (USD) INC","LU0082616367.USD":"摩根大通美国科技A（dist）","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0056508442.USD":"贝莱德世界科技基金A2","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","IE00B19Z3B42.SGD":"Legg Mason ClearBridge - Value A Acc SGD","BK4566":"资本集团","BK4575":"芯片概念","LU2211815571.USD":"ALLIANZ POSITIVE CHANGE \"AT\" (USD) ACC","BK4527":"明星科技股","LU0081259029.USD":"UBS (LUX) EQUITY FUND - TECH OPPORTUNITY \"P\" (USD) ACC","BK4579":"人工智能","BK4588":"碎股","LU1267930813.SGD":"FRANKLIN TEMPLETON SHARIAH GLOBAL EQUITY \"AS\" (SGD) ACC","BK4141":"半导体产品","LU2048586759.USD":"ALLIANZ SMART ENERGY \"AT\" (USD) ACC"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2492172778","content_text":"MW Micron's stock may see its worst day since 2020. Why the bulls are still upbeat.\n\n\n By Emily Bary \n\n\n Analysts are largely upbeat on Micron's stock, pointing to an upbeat AI narrative while noting that pressures on consumer markets shouldn't be much shock to Wall Street \n\n\n Micron Technology Inc. came up well short of the consensus view with its outlook for the current quarter, but that shouldn't have come as much surprise to Wall Street, according to to TD Cowen analyst Krish Sankar. \n\n\n Rather, the biggest shock to him is that Micron's stock $(MU)$ is down so much after the company's forecast, which called for $1.43 in adjusted earnings per share at the midpoint. Admittedly, that was even under Sankar's below-consensus estimate of $1.65, but he spies a buying opportunity \"given the well-understood weakness in near-term memory pricing\" but upbeat tone on artificial intelligence. \n\n\n Read: Micron's stock skids as AI momentum doesn't make up for pressures elsewhere \n\n\n Micron shares are off 16.6% in morning trading Thursday and pacing toward their worst single-day percentage decline since a 19.8% drop seen on March 16, 2020, according to Dow Jones Market Data. \n\n\n Following the results, there's investor fear \"that we are entering a multi-quarter correction in memory, similar to that of 2022-2023,\" according to Sankar. But he thinks that's an extreme view. \n\n\n For one, Micron now has the benefit of high-bandwidth memory, a fast-growing part of the business that's seeing strong demand in the artificial-intelligence realm. Plus, Sankar expects inventory conditions to normalize by the second half of next calendar year, unlike what was seen in the 2022-2023 window. \n\n\n \"We believe we are still in the very early upcycle for consumer electronics driven by AI applications,\" Sankar continued, as he kept his buy rating but lowered his target price to $125 from $135. \n\n\n But BofA's Vivek Arya was more downbeat, citing the weakness in personal computers and phones, which is weighing on gross margins. \n\n\n \"Historically the stock has struggled to outperform when [gross-margin] expansion has remained muted, leading to our stock downgrade to neutral from buy, even though we still feel positive about [Micron's] position in the HBM/AI market,\" Arya wrote. He lowered his price objective to $110 from $125. \n\n\n Arya is in the minority, as 37 of 43 analysts tracked by FactSet hold bullish ratings. That includes Harsh Kumar of Piper Sandler, who kept the faith. \"Most importantly, in our view, Micron's HBM story remains intact as the company has positioned itself to capitalize on market-expansion opportunities from data-center investments in 2025,\" he wrote. \n\n\n He lowered his price target to $120 from $150 but reiterated an overweight call, with Micron's management noting that shipments exceeded what was planned in the latest quarter. \n\n\n Don't miss: Broadcom is having its own 'Nvidia moment' \n\n\n Cantor Fitzgerald's C.J. Muse acknowledged that the outlook \"was clearly much worse\" than buy-side investors were expecting, but he saw this bout as \"nothing but a flesh wound\" for the company's dynamic random-access memory business. \n\n\n \"Following the post-Powell blood bath at the close Wednesday, shares clearly appear to be heading lower, with AI leverage unlikely to offer support near-term,\" he wrote. \"This said, we do view this as simply a pause led by the more cyclical areas of the business with the more secular AI levers still well in play.\" \n\n\n Micron shares still look poised to outperform next year, Muse added, while sticking with his overweight rating but cutting his target price to $130 from $150. \n\n\n -Emily Bary \n\n\n This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal. \n\n\n \n\n\n (END) Dow Jones Newswires\n\n\n December 19, 2024 10:23 ET (15:23 GMT)\n\n\n Copyright (c) 2024 Dow Jones & Company, Inc.","news_type":1},"isVote":1,"tweetType":1,"viewCount":410,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["NVDA","MSFT","MU"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":true,"length":812,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":383586417316328,"commentId":"383586417316328","gmtCreate":1734690345378,"gmtModify":1734690939346,"authorId":3573906827429988,"author":{"id":3573906827429988,"idStr":"3573906827429988","authorId":3573906827429988,"name":"Gtzen","avatar":"https://community-static.tradeup.com/news/2da818cea2d262aa8765cc4fe27ae085","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":383347252953352,"objectIdStr":"383347252953352","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Pre-market not looking good...","text":"Pre-market not looking good...","html":"Pre-market not looking good...","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":383524169453760,"commentId":"383524169453760","gmtCreate":1734665792170,"gmtModify":1734687780770,"authorId":9000000000000717,"author":{"id":9000000000000717,"idStr":"9000000000000717","authorId":9000000000000717,"name":"zookz","avatar":"https://static.tigerbbs.com/b7238e9162c681956ea839ddaa0ec1d4","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":383347252953352,"objectIdStr":"383347252953352","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"LOAD UP! 🚀","text":"LOAD UP! 🚀","html":"LOAD UP! 🚀","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0},{"id":383550908022888,"commentId":"383550908022888","gmtCreate":1734665381236,"gmtModify":1734681066806,"authorId":9000000000000639,"author":{"id":9000000000000639,"idStr":"9000000000000639","authorId":9000000000000639,"name":"tiger_cc","avatar":"https://community-static.tradeup.com/news/d6358062550fc5d8be9f8c6ad5aac6d3","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":383347252953352,"objectIdStr":"383347252953352","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Agree","text":"Agree","html":"Agree","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/383347252953352"}