$Micron Technology(MU)$ Pivoting to consumer segment remains an evergreen option, but current growth bottlenecks and margin expansion are clearly in HBM space...Allocating CAPEX here makes more strategic sense than chasing commoditized low-margin businesses
Price target got boosted from 200 to 300, but the market's acting like it's a downgrade. $Micron Technology(MU)$ needs to hold around 230s zone, build foundation in 240-250 range. Clear 250 resistance to fuel rally towards 300.
Analysts' price targets are lagging way behind on $Micron Technology(MU)$ , especially with all the fresh PR moves and earnings reports from its client base... Déjà vu of operational missteps
$Micron Technology(MU)$ The ticker first surged to $260, then plunged back to $200 zone. Now it's charging towards $300-325 range. Even if it dips back to $240, there's still potential for $360-390 upside.
$Micron Technology(MU)$ If this isn't the prime candidate for current market conditions, then what possibly could be? Objectively speaking, it fulfills all essential criteria for a prudent investment selection.
Did y'all catch that "Why Micron's Sell-Off Was Nonsense" piece? We spotted the playbook pages ago. Quietly stacked more $Micron Technology(MU)$ when weak hands were folding.
Morgan Stanley jacked up price targets for $Micron Technology(MU)$ and $Western Digital(WDC)$ , claiming "across-the-board shortages" in memory markets and calling the recent semiconductor sell-off "completely unwarranted".