Buy, Sell or Hold: Micron Technology (MU-Q) — Stock Predictions at Stockchase

skip to content

NASDAQ:MU

68.27

0.70 (1.04%) 1d

Showing 1 to 15 of 120 entries

«
‹
1
2
3
4
5
›
»

Next Page

COMMENT

He spoke to the CEO today. Every analyst feels that MU is shot. He disagrees. He sees 3 points down, then it will shoot up. They make not only D-RAM, but also Flash chips, though both are declining in price which will compress profits and by extension the stock. But the bearish argument doesn't make sense to him.

computer software / processing

COMMENT

It delivered okay numbers last night: better sales and earnings than expected, but it saw softer demand in PCs. Its current quarter forecast disappoints the street due to customers facing shortages of other parts. Gross margin guidance didn't indicate much erosion. Shares tumbled after the report but partially recovered after the CEO addressed shareholders.

computer software / processing

COMMENT

It reports tomorrow. It might report in-line, but then lowers its forecast. It's possible now during the semis shortage, because Micron makes a specific kind of chip--DRAMs and Flash, which are low margin but abundant in the U.S. So, their earnings are a problem. Any upside surprise can send the semis group higher, because they are bunched together in ETFs.

computer software / processing

Unlock Panic-Proof Portfolio and Top Stock Picks

Become a member Or, Sign In

TOP PICK

Stockchase Research Editor: Michael O'Reilly We reiterate our TOP PICK with MU, the memory and storage technology company. It trades at 21x earnings compared to peers at 37x. With good earnings growth prospects it trades with a PEG ratio under 1.0 and is presently valued at just over 2x book value. It recently initiated a small dividend that is expected to less than 50% of cash flow. We would buy this with a stop loss at $63, looking to achieve $115 -- upside potential over 55%. Yield 0.54% (Analysts’ price target is $115.12)

computer software / processing

DON'T BUY

Technical analysis of its chart It's terrible. That's it.

computer software / processing

DON'T BUY

Long-term view MU is no longer in a boom-bust cycle like it was in the 1990s. That said, a better long-term buy in chips is AMD as they close their deal with Xilinx.

computer software / processing

WEAK BUY

Likes it, but it's still a commodity chipmaker, when he prefers proprietary chipmakers like Nvidia and AMD. They report Wednesday. After their last report, the stock peaked, but he thinks there's room to run.

computer software / processing

DON'T BUY

A global leader in memory chips. Customers include data centres, PCs, graphics and autos. As we know, there's a supply shortage in semis especially for cars. Note: this is one of many cyclical swings in this industry over a 30-year period, so this shortage isn't a surprise. This sector demands flexibility and innovation to adjust to rapid changes in new products using semis with short life cycles. MU is guiding high-single-digit volumes for the next quarter. The stock peaked in April at $95 and is now at $77. It isn't on his radar now. It's not for the feint of heart, though the street really likes it.

computer software / processing

COMMENT

Chip shortage He likes it, but not as much as AMD which will be a very different company when it closes its Xilinx deal. Hard to tell where the shortage is going.

computer software / processing

WAIT

Great company, but very cyclical. It's already done well. The time to buy is when it's buried at the bottom and things don't look great. Buyer beware.

computer software / processing

Unlock Panic-Proof Portfolio and Top Stock Picks

Become a member Or, Sign In

TOP PICK

Stockchase Research Editor: Michael O'Reilly Uncharacteristically, we are again making MU a TOP PICK, after it triggered our stop just a short while ago. At that time it was monetizing an overall 50% gain. We still see upside and it still appears to be at good value here. It trades at 30x earnings compared to peers and earnings as expected to double again over the upcoming year. We would buy this with a stop loss at $60, looking to achieve $113 -- upside potential over 41%. Yield 0% (Analysts’ price target is $113.20)

computer software / processing

Unlock Panic-Proof Portfolio and Top Stock Picks

Become a member Or, Sign In

PAST TOP PICK

(A Top Pick Aug 11/20, Up 67.5%)Stockchase Research Editor: Michael O'Reilly MU has triggered our $80 stop, so we are recommending covering the remaining position at this time. Combined with the previous recommendation to cover 50%, this has resulted in a net investment return of 50%.

computer software / processing

COMMENT

It's done very well, tripling, and a stock like this will stall even on good news.

computer software / processing

BUY

The chip shortage is getting worse, so the semis will go higher, maybe a lot. Last week, Micron said D-RAMs and flash memory chips are in short supply. Demand for cell phone parts is high; 5G is demanding more parts. There's not enough being manufactured.

computer software / processing

Unlock Panic-Proof Portfolio and Top Stock Picks

Become a member Or, Sign In

PAST TOP PICK

(A Top Pick Aug 11/20, Up 92.6%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with MU is continuing to progress well. We now recommend trailing up the stop (from $55) to $80. Along with the recommendation to cover 50% previously, this would all but guarantee a minimum return on investment of 50%.

computer software / processing

Showing 1 to 15 of 120 entries

«
‹
1
2
3
4
5
›
»

Next Page

Micron Technology(MU-Q) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 10

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 3

Total Signals / Votes : 13

Stockchase rating for Micron Technology is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Micron Technology(MU-Q) Frequently Asked Questions

What is Micron Technology stock symbol?

Micron Technology is a American stock, trading under the symbol MU-Q on the NASDAQ (MU). It is usually referred to as NASDAQ:MU or MU-Q

Is Micron Technology a buy or a sell?

In the last year, 13 stock analysts published opinions about MU-Q. 10 analysts recommended to BUY the stock. 3 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Micron Technology.

Is Micron Technology a good investment or a top pick?

Micron Technology was recommended as a Top Pick by on . Read the latest stock experts ratings for Micron Technology.

Why is Micron Technology stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Micron Technology worth watching?

13 stock analysts on Stockchase covered Micron Technology In the last year. It is a trending stock that is worth watching.

What is Micron Technology stock price?

On 2021-10-20, Micron Technology (MU-Q) stock closed at a price of $68.27.

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : hello@stockchase.com.

© Stockchase Inc.