Where Will Micron Technology Stock Be in 3 Years?
A $1,000 investment made in Micron Technology (NASDAQ: MU) stock three years ago is worth just $1,140 right now, as shares of the memory specialist have underperformed the broader semiconductor sector by a big margin.
Micron's 14% jump during this period has been eclipsed by the impressive 58% gain clocked by the PHLX Semiconductor Sector index. That isn't surprising, given that the chipmaker has struggled on account of an oversupply in the memory market, which led to a decline in its revenue and earnings in recent years.
Source Fool.com
Micron Technology Inc. Stock
€100.80
1.580%
With 94 Buy predictions and 4 Sell predictions Micron Technology Inc. is one of the favorites of our community.
With a target price of 126 € there is a positive potential of 25.0% for Micron Technology Inc. compared to the current price of 100.8 €.
