Better Buy: Micron Technology vs. Intel
Two giants of the technology hardware world, Micron Technology (NASDAQ: MU) and Intel (NASDAQ: INTC), find themselves out of favor with investors today, with each tech stalwart currently trading at a bargain-basement valuation.
This may seem counterintuitive, as the technology sector is booming right now. And with the advent of artificial intelligence, cloud computing, 5G, and the Internet of Things, it seems unlikely that these large semiconductor companies, both of which play into these big trends, could be such bargains today.
For contrarian value investors looking for cheap stocks in an otherwise frothy market, both companies should be at the top of your watchlist. But to discern which is the better buy, investors need to understand the reasons for their recent declines, and whether a turnaround may be in fact be in the cards.
Source Fool.com
