$Micron Technology(MU)$ What other stock has a forward PE of 8.94 and margins of 45%, in the top growth industry as the unique supplier for AI support, memory storage? It'll be a miracle stock proven by fact-tested values—no one else delivers.
The highest quarterly earnings per share in the company's history was recorded at $4.66 previously. Current quarterly projections in the $8-10 range place $Micron Technology(MU)$ in uncharted territory. The forecasted annual earnings per share of $31 would triple the company's historical peak. Projections of incremental growth reaching the mid-30s in subsequent years signify a fundamental shift from a cyclical chip supplier to a central player in the AI revolution.
All I want is more $Micron Technology(MU)$ stock! With the potential for $40 per share earnings, the price has nowhere to go but up. 40 times 15 equals 600, and 40 times 20 equals 800. $Micron Technology(MU)$ should have a solid run! Better watch out, better not cry, better not pout—$Micron Technology(MU)$ stock is soaring high. Checking that shareholder list twice, holding out for a top price, $Micron Technology(MU)$ stock is soaring high!
Earnings per share projections indicate over $30('26) and above $35('27). $NVIDIA(NVDA)$ , $Advanced Micro Devices(AMD)$ , $Broadcom(AVGO)$ all remain below $10. Eventually earnings will transcend conventional cyclical narratives. Contemplated partial profit-taking, yet struggle to identify more compelling alternatives than $Micron Technology(MU)$ in the near term. Open to suggestions.