Professional
Added to YB: 2024-01-19
Pitch date: 2024-01-19
MU [bullish]
Micron Technology, Inc.
+175.14%
current return
Author Info
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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
$87.64
Price Target
N/A
Dividend
0.19%
EV/EBITDA
14.78
P/E
31.25
EV/Sales
7.22
Sector
Semiconductors and Semiconductor Equipment
Category
turnaround
Show full summary:
Citi top pick - Micron Technology ($MU)
$MU top pick @ Citi: stabilizing PC, wireless & server mkts (56% of semi-TAM); worst unit correction in 22 yrs (-20% YoY) almost over; analog cuts getting smaller, trough 1H24; DRAM to 🚀 50% in '24.
Read full article (1 min)