$Micron Technology(MU)$ The average price target stands at $530. Consider the forward-looking PE of 6.8. That is quite remarkable. Can you find another company growing its top and bottom line at this rate while trading at such a multiple? It is exceptionally inexpensive. The Street is engaging in tactics to stir sentiment. Conduct your own research, yet these figures are factual.
$Micron Technology(MU)$ Platform is rejecting my post on this price action. It feels rather suspicious. To me, it is clear that MMs have an agenda regardless of what people say.
$Micron Technology(MU)$ I see this as a decent buying opportunity. Short sellers are involved. Profits and revenues will continue to grow. That is what truly matters.
$Micron Technology(MU)$ This is the single best earnings report I have seen in my investing life, including NVDA. Just wait until P/E ratios adjust and analyst PT’s come in. The earnings are quite impressive.
The performance is quite robust. Gross margin expanded to 56.8 per cent, an 11-percentage-point sequential improvement, and the company generated record free cash flow of $3.9 billion. All business units achieved record revenue levels, including Cloud Memory at $5.3 billion, Core Data Center at $2.4 billion, Mobile and Client at $4.3 billion, and Automotive and Embedded at $1.7 billion. Robust demand across end markets, combined with margin expansion and strong cash generation, positions $Micron Technology(MU)$ to benefit disproportionately from sustained supply constraints and secular AI-driven memory demand.
It's the same old game from the same playbook. During a company's "Quite Period", fake news from all over hits all the financial media posts because the company is in lockdown and can't release correcting news. I tend to avoid listening to or reading these fake posts about $Micron Technology(MU)$ or any other advanced memory and storage companies, as we bulls know the real story.