Better Buy: Micron Technology vs. Samsung
Samsung (OTC: SSNLF) and Micron Technologies (NASDAQ: MU) have faced their share of challenges over the past year, and it may take a while before either one of these tech stocks recovers. However, let's take a look at where the companies are today and which one has the brighter future.
Samsung hasn't been doing terribly well this year. The tech stock recently released its Q3 results back in October which saw Samsung's operating profit decline by 56% from the previous year. The worst part of it all is that this is not new territory for the company, as its profits have been down for four straight periods now.
The problem for investors is that the issues plaguing the company don't appear to be going anywhere for a while. The chip market, for instance, is one area that has been very weak and the company isn't expecting things to turn around there just yet. While Samsung notes that demand is increasing for chips, there are still many uncertainties in that area of its business as prices remain low. And they could stay that way for a while.
Source Fool.com
