Micron Stock Forecast: Improving Average Prices of DRAM And NAND Flash Will Propel Micron Higher This Year

September 2, 2016
motek 1The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology  – Senior Analyst at I Know First.

Micron Stock Forecast

Summary:
  • Micron’s stock is already more than 79% higher than its 52-week low of $9.31 but I still rate it a Buy.
  • Micron’s stock has further upside from the predicted rise in Q3 and Q4 prices of DRAM modules.
  • Stronger sales of mobile DRAM is another tailwind for Micron.
  • Growing sales for mobile NAND Flash is also helping Micron’s topline growth.
  • Go long on MU now because of its strong Buy signals from I Know First’ algorithmic forecasts.

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MU Stock Predictions: Strong Stock Performance in May 2016 and Improving Market Environment Lead to Analyst Upgrades

June 6, 2016
Dario Biasini is a Financial Analyst Intern at I Know First.
  • MU logoMU registers an outstanding May 2016 (+23.26% return)
  • Analyst consensus indicates that the company will Outperform the market
  • Earnings for the Second Quarter of 2016 in the higher end of expectations
  • The I Know First Algorithm maintains its strong Buy recommendation for MU

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Micron Stock Prediction: The Undervalued Giant (MU)

September 9, 2015
I Know First published a bullish forecast on Micron, an American semiconductor. Having explained how I Know First’s algorithm works, it is worthwhile to see if the algorithm agrees with the bullish fundamental analysis of the company. The three-month and one-year forecasts for Micron are included. Micron stock predictions
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Algorithm Predicts Increase: 7.76% in 30 Days

July 15, 2014

Micron Technology, Inc. (MU)

Micron was a top 10 stock pick recommended to I Know First subscribers on June 14th for the 1-month time horizon. MU had a strong signal of 18.69 and a predictability of 0.17. As predicted, MU surged 7.76%.     Micron Technology, Inc., is a global manufacturer  of semiconductor devices. In addition, the Company manufactures semiconductor components for CMOS images sensors and other semiconductor products. The Company operates in four segments: NAND Solutions Group (NSG), DRAM Solutions Group (DSG), Wireless Solutions Group (WSG) and Embedded Solutions Group (ESG). The Company’s product include NAND Flash Memory, Dynamic Random Access Memory (DRAM) and NOR Flash Memory. The Company's manufacturing facilities are located in the United States, China, Israel, Italy, Malaysia, Puerto Rico and Singapore.
Before making any trading decisions, consult the latest forecast as the algorithm constantly updates predictions daily. While the algorithm can be used for intra-day trading the predictability tends to become stronger with forecasts over longer time-horizons such as the 1-month, 3-month and 1-year forecasts. Missed the latest trend? Looking for the next best market opportunity? Find out today’s stock forecast based on our advanced self-learning algorithm
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