Winning Stock Forecast: Micron (MU) Up 78.5% and On the Path to Success Despite Staggering Stock Prices

May 15, 2018

Winning Stock Forecast: Micron (MU) On the Path to Success Despite Staggering Stock Prices

[Source: Wikimedia Commons, May 15th, 2018]

“Near-term conditions are in fact exceptional, and the exceptional cloud spending that has driven such conditions seems likely to persist. So, our ‘stronger for longer’ thesis remains intact.”

–Morgan Stanley Analyst Joseph Moore

Micron Technology is nearing a potentially big breakout, one that may result in shares jumping by nearly 15%, to roughly $61.50, from its current price around $53.50. Over the past 12 months, Micron Technologies stock has risen from its original price of $28.90 to $51.80, jumping a whopping

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Winning Stock Forecast

Micron Stock Forecast: Micron (MU) Shares Show Consistent Algorithm Results

March 13, 2018
This article was written by Esther Hanon, a Financial Analyst at I Know First

“I can’t change the direction of the wind, but I can adjust my sails to always reach my destination”

—Jimmy Dean

Summary:­­­­

  • Memory-chip maker Micron Technology continued its skyward climb, following a breakout last week
  • Micron shares jumped 8.8% to close at 59.37 on the stock market on Monday, March 12 Micron stock broke out of a 14-week consolidation period with a buy point of 49.99 on March 5th.
  • Analysts are maintaining its outperform rating while many others are shifting towards a buy rating in the recent days.
  • Catalysts for Micron stock include higher DRAM chip pricing, margin expansion in NAND chips, and expectations for increased capital returns. Micron can also be an acquisition target as chip-industry merger activity intensifies.

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Micron Technology Inc: Long Way To Go

June 11, 2017




This article was written by Mingyue Liu, a Financial Analyst at I Know First.

Micron Technology Inc: Long Way To Go

In order for the United States to do the right things for the long term, it appears to be helpful for us to have the prospect of humiliation. Sputnik helped us fund good science - really good science: the semiconductor came out of it. (By Bill Gates)

Summary:

  • Business Overview: Business description & SWOT analysis
  • For those who are new to semiconductor industry--Understand Micron's Business
  • Rationale Behind The Bearish Forecast for MU

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