MICRON GROSS MARGINS MAY BE PEAKING $MU $C

This post was just published on ZYX Buy Change Alert.

Micron (MU) is long from $21.77.  It is trading at $46.03 as of this writing.  MU makes DRAM and NAND memory chips.  It is one of the cheapest stocks trading at a P/E of about 4.

Gross margins on NAND memory chips may have already peaked.  There are indications that gross margins on DRAM may also be peaking.  If it turns out to be true, then the earnings estimates on Wall Street are too high.  This has happened before.  In the last cycle, when Wall Street earnings estimates started coming down, this stock was  hit really bad.

As we write this post, MU is changing its bullish tune at admitting that NAND price did decline. MU is presenting at a Citigroup ( C) conference.

For the time being, the buy zone remains suspended, the ‘Buy Now’ rating for those following the ‘Good Way’ is ‘NO.’  The target zone is also being suspended until more information is known.

Buyback

MU CFO has just said that at the present price level, buying MU stock is a good value.  MU has a major stock buyback plan in place.  This should provide a floor for the stock.

What To Do Now

At this time, it is a matter of personal preference.  Due to the huge stock buyback, for tracking purposes the stock will continue to be held.  The other reason to continue to hold the stock is that the sentiment can easily turn positive.  If the sentiment turns positive, without any significant change in fundamentals, the stock can easily run to the high $50s.

 

A knowledgeable investor would have turned $100,000 into over $1,000,000 with the help from The Arora Report. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 2% of the content from our paid services. …TO RECEIVE REMAINING 98% INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES, TAKE A FREE TRIAL TO PAID SERVICES.

Please click here to take advantage of a FREE  30 day trial.

Check out our enviable performance in both bull and bear markets.

FREE: SUBSCRIBE TO ‘GENERATE WEALTH’ NEWSLETTER

Related Posts

WEEKLY MARKET DIGEST: TRADE TRIAL BALLOON MOVES STOCKS HIGHER, OIL BOUGHT AND GOLD SOLD $DIA $GLD $QQQ $SLV $SPY $TBT $USO

Weekly Digest from The Arora Report is popular among serious investors and money managers because they have found studying insights ...

ARE YOU A BRAINWASHED INVESTOR BUT DON’T KNOW IT? PAUSE — U. S. COULD LOSE ITS NO. 1 RANK $BA $BABA $AMD $MU $NFLX $AAPL $AMZN $FB $NIK $QQQ $DJIA $SPY

Millions of American investors have been brainwashed. Are you one of them but don’t know it? I will help you ...

JPMORGAN: UPDATE ON THIS MONEY CENTER BANK AFTER EARNINGS $JPM $C $BAC

This post was just published on ZYX Buy Change Alert JPMorgan (JPM) is long from $34.14.  It is trading at $99.50 as of this ...

WEEKLY MARKET DIGEST: STOCKS RALLY ON POWELL BENDING TO THE MARKET, MARIJUANA SHORT SQUEEZE $DIA $GLD $QQQ $SLV $SPY $TBT $USO

Weekly Digest from The Arora Report is popular among serious investors and money managers because they have found studying insights ...

WHO IS RIGHT? STOCK MARKET BOTTOM IS IN OR MORE PAIN AHEAD $SPY $SSO $AMD $MSFT $FB $AMZ $AAPL $QQQ $MU $NVDA $NFLX $MSFT $DJIA

The nature of the media and analysts is such that it makes life difficult for investors. Last September, when the stock ...

WEEKLY MARKET DIGEST: GOVERNMENT SHUTDOWN HAMPERS A GOOD SET UP FOR A RALLY $DIA $GLD $QQQ $SLV $SPY $TBT $USO

Weekly Digest from The Arora Report is popular among serious investors and money managers because they have found studying insights ...

WHAT IF THE DOW FELL ANOTHER 4,000-PLUS POINTS — WOULD YOU BE PREPARED? $AMZN $AAPL $FB $NFLX $GOOG $JNJ $MU $AMD $NVDA $SPY $QQQ $DIA $IWM $GOOGL

Would you be prepared if the Dow Jones Industrial Average fell another 4,000-plus points? That kind of decline sounds shocking. But ...

THE FED’S POWELL PREVENTED A STOCK MARKET CRASH BY THROWING RED MEAT TO THE BEARS $AAPL $AMZN $NFLX $NVDA $FB $AMD $JNJ $QQQ $SPY $IWM $DJIA

Federal Reserve Chairman Jerome Powell is being universally criticized for what he had to say in the press conference after ...

THIS POSITIVE DATA POINT SAYS SANTA MAY ARRIVE AT THE STOCK MARKET AFTER ALL $VXX $VIX $AMZN $AAPL $NFLX $FB $NVDA $AMD $MU $SPY $QQQ $DJIA $IWM

Nothing has changed in the stock market in my three-plus decades in four respects. 1. When stock prices go down, bearish ...

THIS CHART SHOWS A GOOD SIGN FOR TECH STOCKS, BUT THE BEAR IS READY TO POUNCE $AMZN $AAPL $MSFT $GOOG $GOOGL $CRM $NTNX $NVDA $INTC $MU $AMAT $AMD

After President Trump’s tweet about a potential 10% tariff on iPhone imports from China, investors’ heightened attention to technology stocks ...

WEEKLY MARKET DIGEST: NVIDIA CAUSES NEGATIVE SENTIMENT, COLD WATER ON TRADE OPTIMISM $DIA $GLD $QQQ $SLV $SPY $TBT $USO

Weekly Digest from The Arora Report is popular among serious investors and money managers because they have found studying insights ...

THESE TWO CHART PATTERNS TELL THE REAL STORY OF THE STOCK MARKET $GDX $HAL $SLB $CVX $XOM $SLW $ABX $TLRY $ACB $CGC $CRON $NFLX $AAPL

The stock market is developing two chart patterns that all prudent investors should pay attention to. Let’s explore the issue ...

WEEKLY MARKET DIGEST: OVER ENTHUSIASM ABOUT TRUMP TWEET MARKET MAY RETRACE, BLOWOUT JOBS $DIA $GLD $QQQ $SLV $SPY $AAPL $FB $RHT $USO

Weekly Digest from The Arora Report is popular among serious investors and money managers because they have found studying insights ...

THE CHART SHOWS NOVEMBER 1 IS THE ‘MAKE OR BREAK’ DAY FOR THIS STOCK MARKET $FB $AMZN $AAPL $FDN $NFLX $GOOG $AKAM $TWTR $AVGO $MU $SWKS $QCOM $QRVO

Nov. 1 is a make-or-break day for the U.S. stock market. How so? Let’s first build the necessary background by reading ...

THE BIG RED HAT PREMIUM RESCUES THE MARKET BUT WHERE IS THE BOTTOM $ACB $AMZN $RHT $FB $AAPL $CGC $NFLX $INTC $AMD $NVDA

ACT NOW TO SAVE $2,005 — FOR INVESTORS SERIOUS ABOUT MAKING MILLIONS IN MARIJUANA Companies buy other companies all the time, ...

WEEKLY MARKET DIGEST: SPOT ON CALL, RAISE CASH, GOOD GDP STOPS AMAZON HEMORRHAGE $DIA $GLD $QQQ $SLV $SPY $TBT $USO

Weekly Digest from The Arora Report is popular among serious investors and money managers because they have found studying insights ...

CHART SHOWS THE ‘BUY AND HOLD’ CROWD KEEPING THE FAITH — THAT IS NOT A GOOD THING $AMZN $GOOG $CGC $ACB $TLRY $MSFT $AMD $SPY $CRON $TXN $MU

ACT NOW TO SAVE $2,005 — FOR INVESTORS SERIOUS ABOUT MAKING MILLIONS IN MARIJUANA During the stock market turmoil, the buy-and-hold ...

WOULD YOU BE PREPARED IF THE DOW JONES INDUSTRIAL AVERAGE WERE TO FALL 5,700 POINTS? $AMZN $AAPL $FB $AMD $NVDA $MU $SPY $QQQ

To those who have not been investing for a long time, the prospect of the Dow Jones Industrial Average falling ...

INITIATE OR ADD TO JPMORGAN AFTER EARNINGS $JPM $BAC $C

This post was just published on ZYX Buy Change Alert. JPMorgan (JPM) is long from $34.14.  It is trading at $107.54 as of this ...

WEEKLY MARKET DIGEST: SMART MONEY CALL ON STOCKS PROVEN SPOT ON — HOW TO AVOID LOSING MONEY IN THE STOCK MARKET $DIA $GLD $QQQ $SLV $SPY $USO

Weekly Digest from The Arora Report is popular among serious investors and money managers because they have found studying insights ...

Follow

Get every new post delivered to your Inbox

Join other followers