Professional
Added to YB: 2024-05-29
Pitch date: 2024-04-12
MU [bullish]
Micron Technology, Inc.
+96.26%
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
$122.87
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:
Parnassus Core Equity Fund New Position: Micron Technology, Inc.
MU: Poised for rebound as DRAM/NAND markets recover & AI investment fuels demand. Negatively impacted by semiconductor cyclicality recently, but expect turnaround. Funded purchase by selling Texas Instruments.
Read full article (1 min)