Professional
Added to YB: 2024-01-19
Pitch date: 2024-01-19
MU [bullish]
Micron Technology, Inc.
+963.5%
current return
Author Info
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Company Info
Micron Technology, Inc. engages in the provision of semiconductor memory and storage products in the United States, Taiwan, Mainland China, other Asia Pacific countries, Japan, Europe, and internationally.
Market Cap
$1.1T
Pitch Price
$87.56
Price Target
N/A
Dividend
N/A
EV/EBITDA
9.28
P/E
12.82
EV/Sales
7.58
Sector
Semiconductors and Semiconductor Equipment
Category
turnaround
Show full summary:
Citi top pick - Micron Technology ($MU)
$MU top pick @ Citi: stabilizing PC, wireless & server mkts (56% of semi-TAM); worst unit correction in 22 yrs (-20% YoY) almost over; analog cuts getting smaller, trough 1H24; DRAM to 🚀 50% in '24.
Read full article (1 min)