Is Micron Technology a Buy?
Memory chip maker Micron Technology (NASDAQ: MU) is grooving nowadays. The stock more than doubled in 52 weeks, including a 27% surge in the last month alone.
It's fun to see a longtime favorite stock post record share prices and return to valuation ratios not seen since the height of the dot-com bubble, but will Micron shares stay at these lofty heights? Is Micron's stock surge built on solid ground or shifting sand?
I'm not so sure, actually.
Source Fool.com
Micron Technology Inc. Stock
€714.50
-5.860%
With 159 Buy predictions and 1 Sell predictions Micron Technology Inc. is one of the favorites of our community.
With a target price of 1294 € there is a hugely positive potential of 81.11% for Micron Technology Inc. compared to the current price of 714.5 €.
