fizzzi
09-07

$Micron Technology(MU)$ I posted many times over the last 1.5 years that simply riding earnings growth would make really good money. Those posts started when the company earned 8.29 per share in fy 25. We're now looking at 155 to 200 this fy, but let's just use the 155. The peak PE I saw was in June 26. That was about 17. 155 per share at 17 puts the share price around 2,635. A 25 or 30 PE would be great, but I'm completely satisfied with the 17 and the 2,635 price. Possibly higher as the 155 is likely low.

I'm not predicting anything. Just using earnings estimates and prior real PEs to assess what's possible.

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