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
€363.35
2.500%
The stock is an absolute favorite of our community with 137 Buy predictions and no Sell predictions.
As a result the target price of 386 € shows a slightly positive potential of 6.23% compared to the current price of 363.35 € for Micron Technology Inc..
