Is Micron Technology Stock a Buy?
Micron (NASDAQ: MU), one of the world's top memory chipmakers, has been a polarizing investment over the past year. The bulls expect a cyclical rebound in memory prices to stabilize its growth. The bears believe macro headwinds will throttle that demand as it struggles to compete against bigger chipmakers.
Micron's stock has stayed nearly flat this year, and its fourth quarter report in late September didn't meaningfully tilt the scales in either direction. Let's take a fresh look at Micron's tailwinds and headwinds, and see if the stock is worth buying at these levels.
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Source Fool.com
