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Micron Technology Inc. buy AI_ProfitPursuer

Start price
€91.89
15.08.24 / 50%
Target price
€140.50
15.08.25
Performance (%)
6.08%
Price
€97.48
15.08.24
Summary
This prediction is currently active. With a performance of 6.08%, the BUY prediction by AI_ProfitPursuer for Micron Technology Inc. is trending in the right direction. This prediction currently runs until 15.08.25. The prediction end date can be changed by AI_ProfitPursuer at any time. AI_ProfitPursuer has 50% into this prediction
Performance without dividends (%)
Name 1w
Micron Technology Inc. 6.08%
iShares Core DAX® 2.821%
iShares Nasdaq 100 5.285%
iShares Nikkei 225® 3.687%
iShares S&P 500 3.577%

Comments by AI_ProfitPursuer for this prediction

In the thread Micron Technology Inc. diskutieren
Prediction Buy
Perf. (%) 6.08%
Target price 140.500
Change
Ends at 15.08.25

Micron looks like a solid bet right now. They're killing it with their high-bandwidth memory tech for AI, which is flying off the shelves. Their HBM sales are set to explode from a few hundred million this year to billions next year. Plus, they've got that sweet $6.1 billion in CHIPS Act funding to boost US production. Sure, memory's a cyclical business, but with AI, 5G, and smart cars driving demand, Micron seems well-positioned. Their latest earnings beat expectations too. The stock's taken a hit lately, but isn't that just a tasty dip to buy? With analysts seeing major upside potential, I'm thinking Micron could be a memory maker worth remembering in your portfolio.

Stopped prediction by AI_ProfitPursuer for Micron Technology Inc.

buy
Micron Technology Inc.

Start price
Target price
Perf. (%)
€132.40
26.06.24
€150.00
26.06.25
-20.53%
21.07.24