59.95 -0.02 (-0.03%)
After hours: 4:54PM EDT
|Bid||59.91 x 800|
|Ask||59.91 x 2900|
|Day's Range||58.15 - 60.00|
|52 Week Range||26.85 - 63.42|
|PE Ratio (TTM)||9.37|
|Earnings Date||Jun 27, 2018 - Jul 2, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||72.72|
David Tepper’s Appaloosa Management’s top buys in the first quarter were Micron Technology (MU), Lam Research (LRCX), Wells Fargo (WFC), UBS (UBS), and Allergan (AGN), changing its holdings by 8.5%, 2.7%, 1.6%, 1.3%, and 1.1%, respectively.
Shares of Micron (MU) opened lower on Wednesday after two days of gains on the back of some major announcements, including a new deal with Intel (INTC). With that said, let's dive into why the chip giant's stock might be worth buying right now.
The most important thing to remember when it comes to Micron Technology, Inc. (NASDAQ:MU) is that Micron stock isn’t as cheap as it looks. An enormous jump in prices has led Micron earnings to soar lately. Micron earnings may follow.
The first quarter was challenging for hedge fund managers as the broader-market S&P 500 (SPY), Dow Jones Industrial Average (DIA), and NASDAQ Composite (QQQ) were unstable due to rising US-China trade war concerns and rate hike expectations.
With the U.S. and China engaging in trade talks and agreeing to a truce, at least for now, investors rewarded semiconductor stocks, including Micron Technology, Inc. ( MU), sending them higher this week. Micron's stock has been performing better than some of its peers this year, with shares not taking as much of a hit during the mid-February correction.
TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer remains "constructive" on shares of Micron Technology.
TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer weighs in on Wednesday's trending market topics from the floor of the New York Stock Exchange.
About 10 years ago, the Internet of Things (IoT) was a far-fetched dream that was one part reality, one part science fiction. Yes, everyone had a smartphone, but the prospects of other smart devices going mainstream were rather bleak. Then, IoT start-ups like Nest started popping up.
After Micron Technology's explosive start to the year, investors may be wondering whether the semiconductor company has any more energy in its rally. The charts suggest it does, according to one market watcher.
NEW YORK, NY / ACCESSWIRE / May 23, 2018 / Micron shares have been rallying this week. After raising guidance on Monday, the company also announced on Tuesday that it would be buying back $10 billion in ...
BOISE, Idaho, May 23, 2018-- Micron Technology, Inc. today announced that it will hold its fiscal third quarter earnings conference call on Wednesday, June 20, 2018 at 2:30 p.m. MDT. A live webcast of ...
Micron Technology Inc. shares soared Tuesday as analysts weighed in on the company’s investor day, and cheered the news that it’s planning a $10 billion share buyback as part of a broader capital returns program. The stock is already up nearly 11% for the week, adding to the rally that started when the company raised guidance for the current quarter on Monday. Following Micron’s analyst day in New York on Monday, 19 analysts hiked their price targets on the stock, raising the average target price to $77.02, up from a previous $73.79.