Post a Free Blog

Submit A Press Release

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Filter by Categories
Action
Animation
ATP Tour (ATP)
Auto Racing
Baseball
Basketball
Boxing
Breaking News
Business
Business
Business Newsletter
Call of Duty (CALLOFDUTY)
Canadian Football League (CFL)
Car
Celebrity
Champions Tour (CHAMP)
Comedy
CONCACAF
Counter Strike Global Offensive (CSGO)
Crime
Dark Comedy
Defense of the Ancients (DOTA)
Documentary and Foreign
Drama
eSports
European Tour (EPGA)
Fashion
FIFA
FIFA Women’s World Cup (WWC)
FIFA World Cup (FIFA)
Fighting
Football
Formula 1 (F1)
Fortnite
Golf
Health
Hockey
Horror
IndyCar Series (INDY)
International Friendly (FRIENDLY)
Kids & Family
League of Legends (LOL)
LPGA
Madden
Major League Baseball (MLB)
Mixed Martial Arts (MMA)
MLS
Movie and Music
Movie Trailers
Music
Mystery
NASCAR Cup Series (NAS)
National Basketball Association (NBA)
National Football League (NFL)
National Hockey League (NHL)
National Women's Soccer (NWSL)
NBA Development League (NBAGL)
NBA2K
NCAA Baseball (NCAABBL)
NCAA Basketball (NCAAB)
NCAA Football (NCAAF)
NCAA Hockey (NCAAH)
Olympic Mens (OLYHKYM)
Other
Other Sports
Overwatch
PGA
Politics
Premier League (PREM)
Romance
Sci-Fi
Science
Soccer
Sports
Sports
Technology
Tennis
Thriller
Truck Series (TRUCK)
True Crime
Ultimate Fighting Championship (UFC)
Uncategorized
US
Valorant
Western
Women’s National Basketball Association (WNBA)
Women’s NCAA Basketball (WNCAAB)
World
World Cup Qualifier (WORLDCUP)
WTA Tour (WTA)
Xfinity (XFT)
XFL
0
-- Advertisement --spot_img
HomeBusinessIs Micron Undervalued Or Fair Play - CWEB.com

Is Micron Undervalued Or Fair Play – CWEB.com

Add to Favorite
Added to Favorite

microtechnologies

Is Micron Undervalued Or Fair Play – CWEB.com

Micron Technology (MU) has been quite interesting trade.

“The DRAM and NAND flash memory market  growth forecasts for 2018 have been adjusted upward to 37% for DRAM (13% shown in MR18)and  17% for NAND flash (10% shown in MR18)…The big increase in the DRAM market forecast for 2018 is primarily due to a much stronger ASP expected for this year than was originally forecast. IC Insights now forecasts that the DRAM ASP will register a 36% jump in 2018 as compared to 2017, when the DRAM ASP surged by an amazing 81%. Moreover, the NAND flash ASP is forecast to increase 10% this year, after jumping by 45% in 2017. In contrast to strong DRAM and NAND flash ASP increases, 2018-unit volume growth for these product segments is expected to be up only 1% and 6%, respectively.” —  IC Insights.

Micron’s common stock is cheaper than those of its suppliers and partners.

The company is headed towards a 60% net profit margin in FY2018 with a focus on SSDs and graphics memory.

Micron’s leadership position in the automotive sector will be a strong advantage over its competitors when autonomous driving kicks in.

Micron Technology  (MU)  designs and manufacturers semiconductor memory (DRAM) and storage (NAND) technologies which can be found in servers, graphic cards, and cars or devices like smart phones, tablets and laptops and many electronic devices.

Shipments of PCs have recovered this year, and demand across all end-markets for storage products is booming.

Along with Samsung and SK Hynix, Micron  (MU)  is part of the triumvirate that controls the global memory market.

CWEB Analyst’s have issued a Buy Rating for  Micron Technology (MU)  and a Price Target of $80 within 12 months.

Read Full Article and Videos  CWEB.com – Trending News, Blog, Shopping

Chart
MU  data by  YCharts

Subscribe to get Latest News Updates

Latest News

You may like more
more

Cerence Inc. (NASDAQ:CRNC) Faces Financial Challenges Amidst Automotive AI Competition

Cerence Inc. (NASDAQ:CRNC) reported an EPS of -$0.49, missing...

NetApp Inc. (NASDAQ:NTAP) Surpasses Earnings and Revenue Estimates

NetApp Inc. (NASDAQ:NTAP) reported an earnings per share (EPS)...

Agilent Technologies (NYSE:A) Quarterly Earnings Preview

The anticipated EPS of $1.41 represents a 2.2% increase...