MU Stock Forecast: An Algorithmic Analysis

MU Stock Forecast

Micron Technology, Inc. (MU), based in Boise, Idaho, makes MU stock forecastdynamic random-access memory (DRAM), NAND flash memory chips, image sensors and other components, and memory modules. The stock was a huge winner in 2014, as the stock price increased nearly 60%, well above the average return for the S&P 500. However, the stock has struggled so far this year, with share prices falling more than 20%. The dip in the stock’s performance might not be done yet, either, as the company has forecasted lower than expected guidance for the current quarter, but a buying opportunity could present itself in the future for patient investors.