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Better Buy: Micron Technology vs. Lumentum

TheMotleyFool 
0 0 13.06.21
Better Buy: Micron Technology vs. LumentumPhoto, wide shot, wide-angle lens, Computer hardware manufacturer, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Edward Burtynsky: https://img.theapi.app/temp/32e7a10f-efd0-424a-861f-2f3e0bb7ce02.png
 

Micron (NASDAQ: MU) and Lumentum (NASDAQ: LITE) both provide essential components for electronic devices. Micron is one of the world's largest producers of DRAM and NAND memory chips, while Lumentum produces optical chips, 3D-sensing chips, and commercial lasers.

Over the past 12 months, Micron's stock has rallied more than 50% as memory prices passed a cyclical trough and started rising again. But Lumentum's stock stayed nearly flat as pandemic-related disruptions of its commercial laser business offset the stable sales of its optical and 3D-sensing chips.

Image source: Getty Images.

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Source Fool.com

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