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