Why I'd Rather Own Micron Stock Than Sandisk
Memory chip stocks have been scorching hot in recent months, driven by a massive shortage amid AI demand.
Two of the biggest winners have been (NASDAQ: MU) and Sandisk (NASDAQ: SNDK). Micron is one of the three large, diversified memory companies, along with the Korean giants Samsung and SK Hynix, while Sandisk was spun off from Western Digital last year and specializes in NAND flash memory.
As you can see from the chart below, both stocks have exploded over the last year, though Sandisk has been the clear winner with a whopping 3,400% gain during that period.
Source Fool.com
Micron Technology Inc. Stock
€843.60
6.610%
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 53.39% for Micron Technology Inc. compared to the current price of 843.6 €.
