Better Buy: Micron Technology vs. Intel
Investors can usually find good opportunities in tech stocks by buying shares of an established company when it's going through a rough patch. Both Micron Technology (NASDAQ: MU) and Intel (NASDAQ: INTC) have taken their lumps lately. Micron is one of the leading suppliers of memory and storage solutions for consumer PCs, mobile devices, data centers, and more. But a soft market for memory prices has weighed on profits. The stock has started to rebound recently, as investors anticipate a recovery on the horizon.
Meanwhile, Intel is battling to hold on to market share in the CPU space. Despite the onslaught from Advanced Micro Devices, I wouldn't count out the chip giant just yet. Intel has massive resources it can invest to mount a comeback. With its valuation at conservative levels, this might be the ideal time to build a position in the stock.
Both stocks have the potential for gains over the next few years. We'll compare the investment case for each to determine which one has the best risk-adjusted reward for your money.
Source Fool.com
