|Bid||0.00 x 1200|
|Ask||0.00 x 1100|
|Day's Range||34.76 - 36.37|
|52 Week Range||33.82 - 64.66|
|Beta (3Y Monthly)||1.28|
|PE Ratio (TTM)||3.04|
|Earnings Date||Dec 18, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||58.81|
Investors flocked to MU stock like moths to light and it quickly rallied $20. After hitting the $64 high, Micron stock fell into a $30 chute. At these levels, MU stock is a buy and it deserves to be part of a diversified portfolio.
Shares of Micron (MU) have plummeted over 40% in the last six months along with the broader semiconductor market. Now, the question is should investors consider buying beaten down Micron on the dip ahead of its upcoming earnings release Tuesday?
Low demand and decline in pricing of NAND and DRAM solutions pose a challenge to Micron's (MU) first-quarter fiscal 2019 release. However, the cost-containment policy is likely to aid earnings.
Micron Technology, Inc. (NASDAQ: MU ) stock is down nearly 40 percent in the past six months, but one Wall Street analyst said Thursday that a softer near-term outlook does not impact the longer-term bullish ...
In August 2018, Micron Technology, Inc. (NASDAQ:MU) released its earnings update. Generally, the consensus outlook from analysts appear pessimistic, with earnings expected to decline by -13% in the upcoming year Read More...
Micron 12Gb LPDDR4X DRAM Validated for Use in MediaTek Helio P90 Smartphone Platform Reference Design Die Package Doubles Memory Capacity to Offer Up to 12GB LPDRAM in Single.
Among the 27 analysts covering Qualcomm (QCOM), 13 recommended a “buy,” while 14 recommended a “hold.” None of the analysts recommended a “sell.” The company will likely continue to perform well despite the trade war and other global headwinds. Analysts have set a target price of $68.50 for the stock and a median consensus estimate of $68.00. Qualcomm was trading at $57.11 on December 4—a 16.0% discount to its consensus median target estimate.
Chip stocks have been among the market’s biggest winners over the past several years. Huge demand tailwinds from the data center, cloud computing, connected device and artificial intelligence (AI) markets have converged on a limited-supply base, creating a “high demand, low supply” dynamic in the chip market wherein chip prices are soaring. Such improvements have driven huge gains in chip stocks. Chip supply won’t remain subdued forever — it is already ramping to meet demand, and there are some reports out there that chip prices may have already peaked.
On December 6, Broadcom (AVGO) released upbeat results for the fourth quarter of fiscal 2018, which ended on November 4. Broadcom’s solid results pushed its stock up 5.17% in after-hours trading on the day driven by impressive results and strong guidance. The stock was up 0.58% to $228.56 on December 7.
Micron (MU) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Investing.com - U.S. futures pointed to gains on Wall Street at the open on Tuesday amid reports that China and the U.S. are moving ahead with trade talks.
Shares of semiconductor company Micron Technology (MU) fell 6.3% to close trading at $35.31 on December 7. Micron stock has generated returns of -8.4% this month and -22% since the start of October. Driven by the recent pullback, Micron stock is now down 14% in 2018.
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Index (PMI) data, output in the Technology sector is rising.
On its face, the valuation of Micron Technology (NASDAQ:MU) seems absurd. As I detailed back in September, there’s a legitimate bear case for Micron stock. At the same time, however, I argued a month later that MU stock was set to bottom, as it had become simply too cheap even if the bears were right.
Samsung’s (SSNLF) prized screen technology was stolen and leaked to its rival in China, according to prosecutors in South Korea. The allegedly leaked Samsung technology covers flexible OLED screens and can be used in making foldable smartphones. Samsung last month showed off a foldable smartphone that could arrive on the market as soon as early next year.
After slashing his Micron Technology stock-price target by 40% in October, Susquehanna analyst Mehdi Hosseini has cut his forecast for the chip shares again.
Chinese officials summoned the U.S. ambassador to Beijing on Sunday to protest the arrest of chief financial officer of Chinese electronics giant Huawei, Meng Wanzhou in Canada. U.S. officials are investigating her role in the companies operations in Iran.
Qualcomm Inc on Monday said it had won a preliminary order from a Chinese court banning the importation and sale of several Apple Inc iPhone models in China that the court found violated two of Qualcomm patents. The preliminary order affects the iPhone 6S through the iPhone X. The ruling came from the Fuzhou Intermediate People’s Court in China, the same court that earlier this year banned the import of some of memory chip maker Micron Technology Inc's chips into China. Qualcomm initially filed the case in China in late 2017.
Hedge funds and other investment firms that we track manage billions of dollars of their wealthy clients’ money, and needless to say, they are painstakingly thorough when analyzing where to invest this money, as their own wealth depends on it. Regardless of the various methods used by elite investors like David Tepper and Dan Loeb, […]