Winning Stock Forecast: Micron Technology Inc (MU) Returns 25.44% in One Month

March 4, 2019

MU Winning Stock Forecast

Source: Wikimedia

Over the period from the 6^th January to 6^th February Micron (MU) stock rose by 26.97% following a strong buy rating provided by the I Know First stock picking algorithm. Micron Technology Inc currently design and manufacture computers and semiconductors and other related products. The success of Micron can possibly be put down to how the high-bandwidth DRAM and LPDRAM are meeting the increasing processing requirements of next generation autonomous computing.

Source: Shutterstock

Micron recently unveiled the world’s first one terabyte microSD card. The c200 1TB microSD

MU stock forecast: Virtuous Cycle In Data Economy Helps Micron Surge, But Cyclical Risk Remains Concerning

June 21, 2018

The article was written by Yutian Fang, Financial Analyst at I Know First and Master of Science in Finance candidate at Brandeis International Business School

MU stock forecast: Virtuous Cycle In Data Economy Helps Micron Surge, But Cyclical Risk Remains Concerning

Summary:

Micron holds very competitive positions in both DRAM and NAND markets after series of acquisitions
The latest quarterly report demonstrated Micron’s strong profitability but the future growth would be impacted by the market demand and pricing dynamics
The company enjoys outstanding operating efficiency and financial health
The cyclical risk is still one of the major concerns from market and the stock price need adjustment for the confirmative ascending channel
Supported by I Know First Algorithm Forecast, currently my recommendation for MU is to hold in the short term

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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