Is Micron Technology a Buy?
Sizzling hot. That's the best way to describe Micron Technology (NASDAQ: MU) right now. The memory chipmaker's business is booming. Its stock is soaring.
However, some investors may worry that Micron's momentum could stall after its shares have more than quadrupled over the last 12 months. Is Micron stock a buy?
Any discussion of Micron will almost certainly point out that it's a cyclical stock. This is arguably the main knock against Micron. And it's true. Micron's business has been notoriously cyclical in the past.
Source Fool.com
Micron Technology Inc. Stock
€348.00
-4.510%
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 18.97% compared to the current price of 348.0 € for Micron Technology Inc..
