Added to YB: 2024-10-10
Pitch date: 2024-09-30
MU [bullish]
Micron Technology, Inc.
+134.45%
current return
Author Info
No bio for this author
Company Info
Micron Technology, Inc. designs, develops, manufactures, and sells memory and storage products in the United States, Taiwan, Singapore, Japan, Malaysia, China, India, and internationally.
Market Cap
$266.3B
Pitch Price
$102.85
Price Target
N/A
Dividend
0.19%
EV/EBITDA
14.78
P/E
31.25
EV/Sales
7.22
Sector
Semiconductors and Semiconductor Equipment
Category
growth
Baird International and Global Growth Funds Portfolio Holding: Micron Technology, Inc.
MU: Up 54% in 1H24, but investors wary of memory weakness, unclear recovery, and Samsung's capacity plans. Long-term positive on industry demand/supply. Micron well-positioned in tech capability, margins expected to improve despite near-term concerns.
Read full article (1 min)