Why Micron Technology, Inc. Shareholders Have Something to Worry About
As a shareholder of Micron Technology (NASDAQ: MU), I know of one risk that keeps me on my toes. This is the one issue that will eventually move me to sell my Micron shares, and I keep an eagle eye out for early signs of its arrival.
In a nutshell, Micron is soaring due to high and stable street prices on its memory chips. But it's a highly cyclical market, and Micron shares will come crashing down if, and when, the next sectorwide price war starts.
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Source: Fool.com
Micron Technology Inc. Stock
€100.80
1.580%
The stock is one of the favorites of our community with 93 Buy predictions and 4 Sell predictions.
As a result the target price of 126 € shows a positive potential of 25.0% compared to the current price of 100.8 € for Micron Technology Inc..
