3 Reasons Micron is a Buy on Market Weakness Hosted by MarketBeat StaffOctober 11, 2023 ShareLink copied to clipboard. Play video for 3 Reasons Micron is a Buy on Market WeaknessDetailsGuestsShares of Micron NASDAQ: MU are down about 5% following the Q4 release and guidance, but this is not the time to trim positions. The stock is down on a lackluster report that points to industry normalization, a return to growth, and a record-high total addressable market for microchips. This means that Micron’s business is at or near the bottom of the correction, and the stock is poised to move higher in the mid to long term.Stocks Mentioned in This EpisodeCompanyMarketRank™Current PriceDividend YieldP/E RatioMUMicron Technology4.9548 of 5 stars$109.46+6.8%0.42%160.97 Add This Stock to My Watchlist Thomas Hughes, GuestMarketBeat Contributor, MarketBeatThomas got his start with the markets while working as a Chef. In 2005 a chance invitation to attend the seminar “How To Buy And Sell Your Own Stocks” altered his worldview. Soon trading and stocks consumed his every waking moment to the point of excluding all else. Thomas now enjoys a much different lifestyle engaged in his true passion, uncovering great investments.Laycee Kluin, HostDigital Marketing Strategist, MarketBeatAs MarketBeat's Digital Marketing Strategist, Laycee helps with the marketing side of tasks including developing email campaigns, running the promotion of the MarketBeat products and exploring social media opportunities. She felt called to the Marketing industry because she enjoys collaborating with people and making connections. The University of Sioux Falls alum majored in Media Studies with minors in Communications and Spanish. Laycee brings a background in Financial Services Marketing.Previous VideoAll VideosNext Video Subscribe on YouTube Don't Miss a Video Subscribe to watch the latest stock market videos from MarketBeat. We empower investors to make better trading decisions by providing real-time financial data and objective market analysis. Subscribe on YouTube More From MarketBeatThis Crypto Is Set to Explode in DecemberIt's a groundbreaking opportunity that could be poised for extraordinary gains. The catalyst behind this su...Crypto 101 Media | Sponsored15 Stocks Institutional Investors Are Selling NowHedge funds, endowments, and other institutional investors have been selling shares of these 15 stocks in the ...MarketBeatAI breakthrough about to upend industryEveryone is talking about AI right now. 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Hosted by MarketBeat StaffOctober 11, 2023 ShareLink copied to clipboard. Play video for 3 Reasons Micron is a Buy on Market WeaknessDetailsGuestsShares of Micron NASDAQ: MU are down about 5% following the Q4 release and guidance, but this is not the time to trim positions. The stock is down on a lackluster report that points to industry normalization, a return to growth, and a record-high total addressable market for microchips. This means that Micron’s business is at or near the bottom of the correction, and the stock is poised to move higher in the mid to long term.Stocks Mentioned in This EpisodeCompanyMarketRank™Current PriceDividend YieldP/E RatioMUMicron Technology4.9548 of 5 stars$109.46+6.8%0.42%160.97 Add This Stock to My Watchlist Thomas Hughes, GuestMarketBeat Contributor, MarketBeatThomas got his start with the markets while working as a Chef. In 2005 a chance invitation to attend the seminar “How To Buy And Sell Your Own Stocks” altered his worldview. Soon trading and stocks consumed his every waking moment to the point of excluding all else. Thomas now enjoys a much different lifestyle engaged in his true passion, uncovering great investments.Laycee Kluin, HostDigital Marketing Strategist, MarketBeatAs MarketBeat's Digital Marketing Strategist, Laycee helps with the marketing side of tasks including developing email campaigns, running the promotion of the MarketBeat products and exploring social media opportunities. She felt called to the Marketing industry because she enjoys collaborating with people and making connections. The University of Sioux Falls alum majored in Media Studies with minors in Communications and Spanish. Laycee brings a background in Financial Services Marketing.Previous VideoAll VideosNext Video Subscribe on YouTube Don't Miss a Video Subscribe to watch the latest stock market videos from MarketBeat. We empower investors to make better trading decisions by providing real-time financial data and objective market analysis. Subscribe on YouTube More From MarketBeatThis Crypto Is Set to Explode in DecemberIt's a groundbreaking opportunity that could be poised for extraordinary gains. The catalyst behind this su...Crypto 101 Media | Sponsored15 Stocks Institutional Investors Are Selling NowHedge funds, endowments, and other institutional investors have been selling shares of these 15 stocks in the ...MarketBeatAI breakthrough about to upend industryEveryone is talking about AI right now. The talk has been endless ever since ChatGPT was released to the m...Porter & Company | Sponsored10 Rock-Solid Dividend Paying Stocks to Add to Your PortfolioWhile interest rates have risen over the last few years, there's still two things that fixed-income investment...MarketBeatNvidia’s Bold Move: Tackling Tech’s $1 Trillion CrisisTaiwan Semiconductor, a partner of Nvidia’s for more than two decades, has seen its shares explode as much as ...Weiss Ratings | Sponsored7 Healthcare Stocks to Buy as Rate Cuts Kick InIn about a month, many consumers will choose or make adjustments to their healthcare plans for 2025. It's a go...MarketBeat
