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Here's a Winning Stock Many Investors Should NOT Buy


Micron Technology (NASDAQ: MU) has served as a leader in the memory chip industry since its founding in 1978. Its chips have long supported the PC and smartphone segments, and its semiconductors have now become integral to numerous emerging industries.

However, Micron stock has experienced notable periods of both outsized growth and massive declines during that time. While investors can succeed with Micron stock, those gains may hinge on the ability to understand and endure memory price cycles, both technically and emotionally.

Indeed, investors should consider Micron stock a winner, at least from a macro perspective. The stock launched its IPO in 1984 at a split-adjusted $1.40 per share.

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Source Fool.com

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