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1.73761946133392E-05 1.73761946127218E-06 -0.000206776715899292 -0.000173761946133762 -0.00251954821894011 -0.00417028670721115 -0.00251954821894011 0.00191138140747175
Stock impact report

Micron's Stock Remains Way Too Cheap [TheStreet.com]

Micron Technology, Inc. (MU) 
Last micron technology, inc. earnings: 3/25 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.micron.com
Company Research Source: TheStreet.com
Micron Technology's ( MU Get Report For a large part of calendar 2019, Micron had been plagued with uncertainty as to when exactly its environment would improve Micron had been stating that the cycle would improve towards the end of calendar 2019 but that didn't happen. Then Micron said that towards the start of calendar 2020 there would be an improvement, and that doesn't appear to be happening either. But now we finally know, the bottom of the memory cycle is likely to have been reached and its guidance is looking promising. Nevertheless, for now, the stock remains way too cheap, for now. Here's why: Balance Sheet Is Vastly Improved CEO Sanjay Mehrotra and his team have a reputation for being prudent capital allocators and managing Micron's financial position with caution. In actuality, I contend investors are failing to price in just how Thus, assuming that the cycle is starting to bottom out, which many indicators appear to point towards, then this stock is incredibly cheap. On th Show less Read more
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