MU Stock Predictions: Accelerating AI Drives Demand for Flash Memory

October 11, 2018

MU Stock Predictions

This article was written by Graham Ellinson, a Financial Analyst at I Know First.

Source: Shutterstock

Summary

  • Micron has taken a hit in recent months following ruling blocking sales in China
  • As the U.S. – China trade war continues Micron could be considered one of the victims
  • Remain patient with Micron as NAND flash storage is set for an upward shift as AI is accelerating
  • Prices set to remain stable with DRAM products owing to small number of competitors

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Micron Technology Stock Forecast: NAND and DRAM Prices Maintained High

August 5, 2018
   


This article was written by Kwon Sok Oh, a Financial Analyst at I Know First.    




Summary

  • Micron Achieves Record Revenue for FQ3 2018

  • Average Sales Price for NAND Maintained

  • AI Applications are Driving DRAM Growth

  • DCF Model Suggests MU is Currently Underpriced

  • I Know First’s Algorithm Forecast is Bullish for MU in the Long Run

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    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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    NANO Stock Forecast: Stock Skyrockets as It Surpasses Expectations

    May 31, 2018
      This article was written by Julia Masch, a Financial Analyst at I Know First.



      “Our outlook for 2018 has strengthened since last quarter, both in terms of revenue growth and profitability. Our greater market share, higher revenue volume, and increased gross margin are enabling us to make investments in R&D and our global sales organization in support of future growth, while delivering strong profits and cash flows.” - Pierre-Yves Lesaicherre, president and CEO of Nanometrics

    Highlights:

    • Strong Q1 brings high expectations for 2018
    • What’s next for Nanometrics?
    • Current Bullish I Know First For NANO

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    Quick Win by the Algorithm: Micron Technology Continues to Rise in Memory Markets

    June 4, 2017

    Quick Win by the Algorithm

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     Quick Win
    Algorithmic Performance

    I Know First Reviews Weekly Algorithmic Performance: December 25th, 2016

    December 26, 2016

    I Know First Reviews

    On December 25th, 2016, our weekly newsletter was sent out to all our I Know First subscribers, which can be found here. Below, find the I Know First Reviews, highlighting the algorithm's performance for this past week. I Know First Reviews

    Read The Full Review

    Algorithmic Performance I Know First Review