Why It’s (Kind Of) Different This Time for Micron Stock
Some investors may cringe when they hear the words, "it's different this time." Indeed, the history of Micron (NASDAQ: MU) stock has given investors reasons to be wary. Rather than rising over a long period, Micron has risen and fallen as the price of memory chips increases or decreases. During these boom times, investors pile into Micron stock, learning the hard way that things are not so different when losses mount.
However, a massive surge in demand for memory has changed Micron. Micron stock faces uncertainty, even amid an upcoming trade deal. With all of the misgivings, investors need to prepare for a change in the way the stock behaves without expecting memory cycles to disappear.
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Source Fool.com
