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Is Micron Stock Too Cheap to Ignore?


Micron Technology (NASDAQ: MU) has been one of the best artificial intelligence (AI) stocks to own over the past few months. If you bought shares six months ago, your position is already up about 250%. That's a monster return in a short time frame, although some contend the stock is still cheap.

Is this the case? Or is there something else going on with Micron's stock?

If you value Micron's stock on a forward earnings basis, the stock looks incredibly cheap.

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Source Fool.com

Micron Technology Inc. Stock

€365.10
-5.320%
Micron Technology Inc. took a tumble today and lost -€20.500 (-5.320%).
The stock is one of the favorites of our community with 143 Buy predictions and 1 Sell predictions.
As a result the target price of 414 € shows a slightly positive potential of 13.39% compared to the current price of 365.1 € for Micron Technology Inc..
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