Micron Technology

MU-Q

NASDAQ:MU

52.56
1.98 (3.91%)
Micron Technology, Inc. is an American global corporation based in Boise, Idaho which produces many forms of semiconductor devices, including dynamic random-access memory, flash memory, and solid-state drives.
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Analysis and Opinions about MU-Q

Signal
Opinion
Expert
COMMENT
COMMENT
July 17, 2018

This is a cyclical stock. Over half of its business goes to China. It is at peak earnings. His model price is $196.21, which is a 250% upside, but this stock never trades on its earnings because it is cyclical. He expects the stock to trade over and under his EBB+3 price level which, a year from now, is $82, still much higher than its current price around $60. The stock pays no dividend.

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This is a cyclical stock. Over half of its business goes to China. It is at peak earnings. His model price is $196.21, which is a 250% upside, but this stock never trades on its earnings because it is cyclical. He expects the stock to trade over and under his EBB+3 price level which, a year from now, is $82, still much higher than its current price around $60. The stock pays no dividend.

COMMENT
COMMENT
July 4, 2018

It's done well as it continues to trend higher. It's been a great name. News about them being banned from China worries investors, but in this space this is one of the best stocks. Put a stop loss on it. He likes this.

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It's done well as it continues to trend higher. It's been a great name. News about them being banned from China worries investors, but in this space this is one of the best stocks. Put a stop loss on it. He likes this.

Stan Wong

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Price
$51.480
Owned
Unknown
BUY
BUY
June 1, 2018

He bought it back in 2016. When he started researching assisted driving, this company came on his radar. It is a volatile stock, but the valuation is fair with the Price Earnings to Growth ratio running at a cheap 0.22. His target price is $80 in one year. It is a leader in the NAN and DRAM chip markets.

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He bought it back in 2016. When he started researching assisted driving, this company came on his radar. It is a volatile stock, but the valuation is fair with the Price Earnings to Growth ratio running at a cheap 0.22. His target price is $80 in one year. It is a leader in the NAN and DRAM chip markets.

COMMENT
COMMENT
May 30, 2018

It has been volatile over the years. It's currently on an up cycle which should continue since there's more demand for storage and the Cloud. He doesn't know MU well.

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It has been volatile over the years. It's currently on an up cycle which should continue since there's more demand for storage and the Cloud. He doesn't know MU well.

BUY
BUY
May 28, 2018

All the tech stocks look expensive for value investors. This has good growth ahead with demand from phones and other devices. He likes semiconductor companies and any portfolio should have some exposure to this space.

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All the tech stocks look expensive for value investors. This has good growth ahead with demand from phones and other devices. He likes semiconductor companies and any portfolio should have some exposure to this space.

BUY
BUY
May 9, 2018

He thinks they are ideally positioned for the movement to cloud based storage. Estimates are that global cloud storage has increased by 90% over the past 18 months. They put up a good earnings surprise and are doing well.

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He thinks they are ideally positioned for the movement to cloud based storage. Estimates are that global cloud storage has increased by 90% over the past 18 months. They put up a good earnings surprise and are doing well.

BUY
BUY
April 18, 2018

Lam or Micron? Semi-conductors have been a good neighbourhood to be in. LAM is much more focused on equipment that makes semis while Micron is focussed on memory chips. With the proliferation of handsets, the demand for memory has been shooting through the roof, so Micron is benefitting big. He prefers Micron, though it's more cyclical than other stocks. Given consolidation in this space, the pricing power has gotten better. It trades at 6x PE like a cyclical. Great job of growing its business.

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Lam or Micron? Semi-conductors have been a good neighbourhood to be in. LAM is much more focused on equipment that makes semis while Micron is focussed on memory chips. With the proliferation of handsets, the demand for memory has been shooting through the roof, so Micron is benefitting big. He prefers Micron, though it's more cyclical than other stocks. Given consolidation in this space, the pricing power has gotten better. It trades at 6x PE like a cyclical. Great job of growing its business.

COMMENT
COMMENT
March 20, 2018

The chip space has come to life in recent years. Not too familiar with MU but all these names are up.

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The chip space has come to life in recent years. Not too familiar with MU but all these names are up.

COMMENT
COMMENT
March 13, 2018

Stock had a boast last week with a strong earnings report. A solid stock and he likes this space. Big data has a promising future--AI demands more, better chips from makers like this. But he prefers the companies that make the equipment that produce these semi-conducting chips, like Applied Materials, AMAT. Nothing against MU though.

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Stock had a boast last week with a strong earnings report. A solid stock and he likes this space. Big data has a promising future--AI demands more, better chips from makers like this. But he prefers the companies that make the equipment that produce these semi-conducting chips, like Applied Materials, AMAT. Nothing against MU though.

BUY
BUY
February 16, 2018

There is no justice in the stock market. He doesn’t think there is a lot of downside. Well-run company.

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Micron Technology (MU-Q)
February 16, 2018

There is no justice in the stock market. He doesn’t think there is a lot of downside. Well-run company.

DON'T BUY
DON'T BUY
October 26, 2017

A technology stock and there are very few that don’t have momentum, and very few that are cheap. This one is certainly not cheap but does have a lot of momentum. He would be a little cautious on this right now. (See Top Picks.)

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Micron Technology (MU-Q)
October 26, 2017

A technology stock and there are very few that don’t have momentum, and very few that are cheap. This one is certainly not cheap but does have a lot of momentum. He would be a little cautious on this right now. (See Top Picks.)

BUY
BUY
October 18, 2017

A great company. They are selling memory storage. That market, over the last few years, has become less fragmented and more controlled so pricing has been better. There are lots of handsets being built.

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Micron Technology (MU-Q)
October 18, 2017

A great company. They are selling memory storage. That market, over the last few years, has become less fragmented and more controlled so pricing has been better. There are lots of handsets being built.

COMMENT
COMMENT
October 5, 2017

US growth recommendations?What he observes in US growth stocks is that they are long in the cycle, and a lot of them are very, very expensive on a P/B basis. When he looks at their intrinsic value is, it is very hard for him to find anything he would be interested in. You could try Micron Technologies (MU-Q) which is a reasonably priced growth stock and has upside potential.

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Micron Technology (MU-Q)
October 5, 2017

US growth recommendations?What he observes in US growth stocks is that they are long in the cycle, and a lot of them are very, very expensive on a P/B basis. When he looks at their intrinsic value is, it is very hard for him to find anything he would be interested in. You could try Micron Technologies (MU-Q) which is a reasonably priced growth stock and has upside potential.

TOP PICK
TOP PICK
August 28, 2017

Covered Call. One of the more volatile stocks. If he is going to write a Covered Call, he is looking for a stock that he is comfortable with, and wants to be able to get a very good option premium when he sells it. Dividend yield of 0.9%.

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Micron Technology (MU-Q)
August 28, 2017

Covered Call. One of the more volatile stocks. If he is going to write a Covered Call, he is looking for a stock that he is comfortable with, and wants to be able to get a very good option premium when he sells it. Dividend yield of 0.9%.

DON'T BUY
DON'T BUY
May 19, 2017

The ultimate roller coaster over the past several years. He would tend to avoid this at current levels, and get on board when everyone hates it. This is a stock you trade and don’t “hold” for an investment.

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The ultimate roller coaster over the past several years. He would tend to avoid this at current levels, and get on board when everyone hates it. This is a stock you trade and don’t “hold” for an investment.

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