3 Reasons Micron is a Buy on Market Weakness Hosted by Laycee KluinOctober 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 Technology4.9518 of 5 stars$92.47+3.9%0.50%26.65 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 MarketBeatTexas approves new currencyRural Texas Town Ramps Up Global Currency War A small town has joined a radical $1.9 trillion attack on the...Stansberry Research | Sponsored7 Undervalued Growth Stocks Ready for ReversalTraders and investors are digesting what a 50-basis point (0.50%) cut in interest rates means for stocks. If y...MarketBeatIs Big Tech dead?China just threw a “$5.5 million” curveball called Deep Seek to Silicon Valley and the timing of it is no coin...Brownstone Research | Sponsored7 Stocks on Track for Dividend Increases in First Half of 2025 In relative terms, dividend stocks have underperformed the market. 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Hosted by Laycee KluinOctober 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 Technology4.9518 of 5 stars$92.47+3.9%0.50%26.65 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 MarketBeatTexas approves new currencyRural Texas Town Ramps Up Global Currency War A small town has joined a radical $1.9 trillion attack on the...Stansberry Research | Sponsored7 Undervalued Growth Stocks Ready for ReversalTraders and investors are digesting what a 50-basis point (0.50%) cut in interest rates means for stocks. If y...MarketBeatIs Big Tech dead?China just threw a “$5.5 million” curveball called Deep Seek to Silicon Valley and the timing of it is no coin...Brownstone Research | Sponsored7 Stocks on Track for Dividend Increases in First Half of 2025 In relative terms, dividend stocks have underperformed the market. For example, the SPDR Portfolio S&P 5...MarketBeatAlert: DOGE goes live"It's Elon's world, and the rest of us live in it." Every investor in America is trying to figure out what ...Altimetry | Sponsored7 Uranium Stocks That Can Fuel a Growth Portfolio Investing in commodity stocks can be tricky, and uranium stocks are no exception. The spot price of uranium ...MarketBeat
