Micron (MU) Earnings Preview: Hold Off on Buybacks Until Profitability Improves
Angelo Zino previews Micron (MU) earnings report and discusses other semiconductors to watch. CFRA has a buy rating on Micron and $130 price target. Zino highlights that Micron has $9.7B of cash and $13.7B of debt as it holds off on buybacks until profitability improves.
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#investing #trading #finance #stocks #global #equities #markets #stockmarket #stockmarkettoday #micron #mu #earnings #semiconductor #ai #chips
Пікірлер: 18
Micron is undervalued stock. Based on my estimate comparing EPS it should be trading 215$
@adesidaadefemi4724
4 күн бұрын
my options should explode with this
What are we thinking? I think $200
Yes. $200 seems the way to go in the coming days.
it will skyrocket tomorrow
I bought at 156 😂 so yes 200 please
@jayparmar1870
4 күн бұрын
And it is at 132 :/
Any possibility of price upgrade to $280 ?
but its from +150$ down to -140$
@jonschlottig9584
4 күн бұрын
Pullback to moving average after running from 130-157. I think 140 to 175/180
@jasminebain7773
4 күн бұрын
@@jonschlottig9584agreed
@RK-um9tu
4 күн бұрын
That is just profit taking before the earning report when the stock will take off again. Nvidia uses Micron's memory in their chips, so as Nvidia goes so will Micron!
@ra.sh1
4 күн бұрын
what now?!
The host thinks he is cool wall street guy
It will fall to 130 or 120 after market
@jacqdanieles
3 күн бұрын
Good call
@BkippyOSRS
3 күн бұрын
This man predicted the future
Good🤟 ER - 160