I wished Micron would have fallen more
$Micron Technology(MU)$ This is a perfect opportunity to get in at the ground floor for a 2X ascent in <2 years. The sh pr had already digested the airpocket of weakness in DDR4 DRAM spot prices in the last month BEFORE this downgrade. And tis a short phase of ASP weakness as PC OEM's deplete inventory that was accumulated in 1H '25 knowing DRAM ASP's were going to rise...
I wished Micron would have fallen more as some analyst downgraded PT from $125 to $67!! But just one analyst has panicked. 38/41 analysts rate Micron a BUY. Time to write another report - this is a great window to enter tbe Gilded Age of Digital Memory that's the cornerstone of our data-centric lives.
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