Micron Technology, Inc. (NASDAQ:MU)
The Company is a global manufacturer and marketer of semiconductor devices, principally DRAM and NAND Flash memory and CMOS image sensors.
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The wheel has come off the apple-cart. Apples for everyone.
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Sadly, their CEO just passed away this morning in a plane accident so the stock is likely to drop until they figure out what happens next.
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Flash Memory is going into oversupply, DRAM is in the tank, Micron has gorged itself on new hires over the past 2+ years. This stock will follow SNDK south to 5-6.
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Micron is doing good these days. Living here at their main plant, I haven't seen layoffs in a while, which is a good sign. They got by that pesky law suit too, which is also a good sign. Wish I got in when they were at four, but still a good price. Still a highly competitive market, but my opinion on semiconductors in general is that they will have a good year.
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This stock will continue to crush the Market and will aproach, if not surpass it's previous 52 week high.
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I like the direction that they're going with performance SSDs
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Micron's been around for a while, and anyone who has built their own PC can attest to the brand awareness. Good or bad, Micron will be around for a while - and is a bargain at this price right now! 12/27/2011
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Despite a gloomy future for tech (and everything else), Micron has good P/E and Price/Book numbers and has demonstrated highly promising new storage technologies recently.
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Reliable and potential.
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The Number 1 Fool likes it so I do, too. TMFBabo, I mean.
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My best bet !
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they have all you need
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The market is flooded with cheap memory right now and micron can't match the prices coming out of Asia. I think the SSD market could be a big upside for Micron if prices can come down and big computer manufactures start putting them into their products.
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Solid company. oversold, undevalued close to 52 week low, lots of room to grow.
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Tablets and Smartphones
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Hard to imagine society moving forward with MU tech
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Sounds like a good stock for smartphone fans.
http://www.economist.com/blogs/dailychart/2011/08/apple-and-samsungs-symbiotic-relationship
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market bounce-back
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Trading below book value. Oversold. Time to buy in. Sell out at 10.50 as insiders sell at 11.00.
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