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
The article was written by Gleb Zinkovskii, a Financial Analyst at I Know First.
“Older people sit down and ask, ‘What is it?’ but the boy asks, ‘What can I do with it?’.” -Steve Jobs
Highlights:
Apple has ideas for water-resistant Lightning connectors
Apple opens its first store in Austria
Apple’s Unusual Pursuit of Cobalt
Apple has ideas for water-resistant Lightning connectors
Apple is known for patenting concepts way before their introduction to the products. Recently, US patent bureau received applications from Apple regarding new moist and water resistant Lighting connectors for the iPhone chargers. As far as the latest phones produced by Apple can withstand inadvertent trips into puddles, sinks and toilets, it seems a reasonable
Barbara Chouraqui, is a Junior Financial Analyst at I Know First, and enrolled in B.A. in Business at the Institut Superieur de Gestion -ISG, Paris, France.
Apple Stock Forecast
Summary
Apple is criticized for its pace of innovation
Big companies became one of the most important clients of Apple
Despite a tough competition, Samsung is still behind
I Know First Algorithmic Bullish Forecast for AAPL for 2017
I Know First-Daily Market Forecast, does not provide personal investment or financial advice to individuals, or act as personal financial, legal, or institutional investment advisors, or individually advocate the purchase or sale of any security or investment or the use of any particular financial strategy. All investing, stock forecasts and investment strategies include the risk of loss for some or even all of your capital. Before pursuing any financial strategies discussed on this website, you should always consult with a licensed financial advisor.