Is Micron Technology Stock a Buy?
COVID-19 seems to have ended Micron's (NASDAQ: MU) resurgence almost before it began. The Boise, Idaho-based memory chip manufacturer has seen its stock beaten down along with most other tech stocks as investors sell en masse.
But the coronavirus shouldn't be Micron investors' only concern. Investors need to exercise caution with Micron stock not just because of coronavirus, but also because of the nature of Micron stock itself.
Until recently, Micron had gone into a recovery mode. After an unexpected drop in demand in 2018, Micron stock had finally begun to recover. With the rise of 5G, many had forecasted an increase in demand for memory in general.
Source Fool.com
