|Bid||42.45 x 200|
|Ask||42.57 x 500|
|Day's Range||41.88 - 42.56|
|52 Week Range||20.19 - 49.89|
|PE Ratio (TTM)||9.61|
|Forward Dividend & Yield||0.00 (0.00%)|
|1y Target Est||N/A|
The last full trading week of 2017 will see tax reform and a smattering of economic and corporate news on the calendar as investors look to finish a strong year for markets with more gains.
Micron Technology Inc. is expected to remain a big beneficiary of commodity memory chip pricing, which has surged in the past year, and investors will be focused on supply and demand issues going into ...
Tax cuts that could deliver a massive investor windfall via dividend increases and share buybacks could be signed into law
A strong 2017 is coming to a close. Broad market indices trade at all-time highs. The nine largest stocks listed on U.S. markets have risen an average of 44% so far this year. In the past two months, even battered sectors like retail and oil & gas have shown some strength.
At the end of October, I warned that Micron stock is ripe for profit-taking. MU stock had one more pop left in store for it in November, but shares then dropped 20% following the Thanksgiving holiday. Interestingly, given the huge moves, you’d expect some big Micron Technology news to be breaking.
The shares are up 17 cents, or 0.4%, at $42.41, after Instinet’s Romit Shah this morning reiterated a Buy rating, and a $50 price target, writing that “any weakness” in the stock on its fiscal Q1 report next Tuesday is a chance to buy the stock you should take it. Things are quite likely to be “volatile,” writes Shah, given "semiconductor stocks haven’t been rewarded for good news over the last month,” citing the examples of Analog Devices (ADI), Applied Materials (AMAT), Broadcom (AVGO), Nvidia (NVDA), and Western Digital (WDC).
Improved demand and pricing for DRAM and NAND supply shortage to propel Micron's (MU) first-quarter fiscal 2018 top- and bottom-line growth.
Categories: ETFs Yahoo FinanceClick here to see latest analysis ETFs with exposure to Micron Technology, Inc. Here are 5 ETFs with the largest exposure to MU-US. Comparing the performance and risk of Micron Technology, Inc. with the ETFs that have exposure to it gives us some ETF choices that could give us similar returns with lower volatility. Ticker ... Read more (Read more...)
In advance of Micron Technology’s (MU) fiscal Q1 report next Tuesday, after market close, MKM Partners’s Ruben Roy today reiterates a Buy rating on the shares, and raises his price target two bucks to $54, writing that 2018 should be another strong year for DRAM, and that fears of price declines in NAND flash may be overdone. Micron shares today are up 40 cents, or 0.9%, at $42.45.
Shares of Micron Technology Inc. rose 0.9% in premarket trading Thursday after an analyst at MKM Partners raised his price target to $54 from $52, citing "largely favorable" memory trends. MKM's ...