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Why Micron Stock Keeps Bouncing Higher
['Rich Smith', 'The Motley Fool', 'Tue', 'August', 'At Pm Gmt', 'Min Read']
Yahoo Finance
For the second day in a row, Micron (NASDAQ: MU) stock has managed to maintain its momentum.
But here's the curious thing:Arya argues that the Micron bears are actually right about the stock; they're just wrong about the timing.
Even in the pessimistic view, therefore, Micron stock costs less than 9 times its earnings two years from now -- even cheaper than it costs today.
Should you buy stock in Micron Technology right now?
Before you buy stock in Micron Technology, consider this:The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Micron Technology wasn't one of them.