Previous Close | 69.40 |
Open | 70.60 |
Bid | 68.01 x 800 |
Ask | 69.00 x 800 |
Day's Range | 66.11 - 70.68 |
52 Week Range | 65.67 - 98.45 |
Volume | |
Avg. Volume | 22,670,785 |
Market Cap | 77.18B |
Beta (5Y Monthly) | 1.16 |
PE Ratio (TTM) | 10.66 |
EPS (TTM) | 6.46 |
Earnings Date | Mar 29, 2022 - Apr 04, 2022 |
Forward Dividend & Yield | 0.40 (0.56%) |
Ex-Dividend Date | Apr 08, 2022 |
1y Target Est | 111.82 |
Micron (MU) closed the most recent trading day at $68.90, moving -0.72% from the previous trading session.
The move marks one of the first setbacks for the semiconductor industry in the Austin area, which has been booming recently amid high demand and a global shortage of chips. It's unclear what the Round Rock-based company will do next but it has indicated it needs to invest almost $1 billion in an expansion and it will pour that money elsewhere if needed.
Tech stocks have good valuations, since they sold down more than the market has. That means there are deals to be had. Applied Materials (AMAT): This semiconductor stock has good valuations but is not cheap. PayPal Holdings (PYPL): This fintech is down about 75%. Buy on further weakness. Micron Technology (MU): This big tech stock looks oversold and could be bought here. Synopsys (SNPS): Oversold but still has a high multiple. ANSYS (ANSS): Growth company but high valuation, Buy or wait for pull