Fool article: Micron stopped paying a dividend in the 1990s, but with its current strength and growing profit margins, some would like to see the payout reinstated. Meanwhile, some wonder whether the company might be acquired by a bigger technology company such as Intel or Apple. Its forward price-to-earnings ratio near 11 makes it even more attractive.
You make do well purchasing depending on your timeframe. Honestly this is the worst holding I own. I've been in since 20s and added 11-12. I will never add again. And I will never invest in companies primarily doing business in Brazil, south and latin America. I din't learn my lesson on PBR. The government currency issues can be killers and ARCO doesn't have control over those. Hopefully, I'll see this at 40-60 someday. I'm holding, but I'm beyond disappointed. Besides the communication from management to shareholders has been piss poor. Perhaps that will improve and that's something they can control.