$Micron Technology(MU)$ I've b

$Micron Technology(MU)$ I've been holding since $80 a share and I think we might be entering the most exciting phase of this MU run.

Trailing EPS is expected to go from $21.79 to over $40 this quarter. The next three quarters could bring it to $60, $80, and $100. With significant growth ahead in 2027 and beyond, I expect MU to command a high trailing P/E of 45+ (it's currently 53.5). This could result in MU moving $900 higher each quarter, potentially reaching $4730 a year from now.

The main thing I'm looking for in the upcoming earnings is details on long-term contracts with major customers. If they lock in pricing for several years, ensuring 60-80% margins, then it's a straightforward hold with relatively stable returns.

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