Micron Technology (MU-Q)
193 watching
NASDAQ:MU
67.87
1.25
(1.88%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
May 25, 2022, 8:00 pm
0
TOP PICK
Makes memory ships. Only US manufacturer making DRAM, giving them a strong competitive advantage. Benefits from the global ship shortage. Chip industry as a whole has a good long-term potential. Recently selected as a TOP PICK by Brendal Caldwell. Social media mentions increased 333% over the last 24h.
computer software / processing
$70.350
Unknown
COMMENT
Stocks like Micron had very good earnings, but celebratory trading is short-loved in this market. Micron is down 10% since its report. It's the time to be cautious and hold cash, but don't sell long-term positions either, because you will pay a heavy tax bill.
computer software / processing
TOP PICK
Semiconductor memory business is volatile. Well positioned for margin expansion over the next year. Has spent a lot of money on infrastructure and production capability. Yield is 0.47%. (Analysts’ price target is $112.44)
computer software / processing
BUY
The semi industry has the highest sensitivity to an upside surprise. Micron enjoyed a double upgrade today based on improving DRAM chip demand and improving inventories. His ETF owns 9 names in this sector including this. Semis offer upside after falling a lot this year.
computer software / processing
DON'T BUY
It's a little early to get in. We're facing a wider slowdown. True, Micron is cheap and semis are less cyclical than before, but they will get caught in the slowdown.
computer software / processing
BUY
Loves this stock. Still a bit of a runway. Has held its own recently. A leader among manufacturers. Four segments: networking, mobile, storage, embedded. Spending a heck of a lot of money on facilities in Europe and NA. Owns 2/3 of the DRAM business out there, very popular application. (Analysts’ price target is $110.00)
computer software / processing
PAST TOP PICK
(A Top Pick Feb 10/22, Down 14.3%)Stockchase Research Editor: Michael O’Reilly Our PAST TOP PICK with MU has triggered its stop at $80. To remain disciplined, we recommend covering the position at this time. This will result in a net investment loss of 3%, when combined with our previous buy recommendation.
computer software / processing
TOP PICK
Stockchase Research Editor: Michael O'Reilly We once again reiterate this memory and storage technology company (one of the largest producers of DRAM and flash memory chips in the world) as a TOP PICK. 2021 fiscal sales surged 29% and earnings grew by 115%. It trades at 15x earnings compared to peers at 68x. With good earnings growth prospects it trades with a PEG ratio under 1.0 and remains valued at just over 2x book value. It pays a small dividend, backed by a payout ratio under 10% of cash flow. We like that it is increasing cash reserves and paying down debt. We recommend trailing up the stop (from $70) to $80, looking to achieve $112 -- upside potential over 20%. Yield 0.48% (Analysts’ price target is $111.89)
computer software / processing
BUY
Options trading Likes it because this stock keeps exploding higher, and yet he still sees upside given its cheap PE. He already owns the stock, but December 95 calls were busy, which triggered him jumping into the options.
computer software / processing
TOP PICK
Up since October. Strong demand for chips. Stockchase research editor Michael O'Reilly and Kim Bolton both recently selected it as a top pick. Social media mentions are up 2000% over the last 7 days.
computer software / processing
BUY
It reports Monday. Sector demand for chips remains, which is a plus, even though is in a cyclical business. Still a buy. He wouldn't be surprised if they beat their report.
computer software / processing
TOP PICK
Stockchase Research Editor: Michael O'Reilly We once again reiterate MU as a TOP PICK. The memory and storage technology company trades at 17x earnings compared to peers at 77x. 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 pays a small dividend, backed by a payout ratio under 10% of cash flow. We like that it is buying back shares and paying down debt. We recommend trailing up the stop to $70, looking to achieve $103 -- upside potential over 19%. Yield 0.47% (Analysts’ price target is $102.93)
computer software / processing
TOP PICK
Manufacturers in the semi ecosystem. They do it all in designing and manufacturing. 2/3 of their business is in DRAM. Great performance. Price target of $97. Buy in thirds at $85, 80, and around 75 if you're lucky. Yield is 0.46%. (Analysts’ price target is $93.63)
computer software / processing
BUY on WEAKNESS
They have pricing pressure in some product lines. There's a D-RAM glut. If this bottoms in the low-$60s, he'll take a shot at this.
computer software / processing
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
Micron Technology(MU-Q) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 8
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 4
Total Signals / Votes : 12
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, 12 stock analysts published opinions about MU-Q. 8 analysts recommended to BUY the stock. 4 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?
12 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 2022-05-25, Micron Technology (MU-Q) stock closed at a price of $67.87.
