After Surging 918%, Is Micron Stock Still a Buy? Here's What History Says.
Can Micron possibly still be a good value after such a run?
After Surging 918%, Is Micron Stock Still a Buy? Here's What History Says.
Overview
Micron Technology (NASDAQ: MU) has been one of the breakout successes in an otherwise volatile year for artificial intelligence (AI) stocks.
The semiconductor company -- which makes high-bandwidth memory (HBM) chips and solid-state drives for AI accelerators, data centers, computers, automotive systems, and smartphones, among others -- has been on a rocket ride.
Details
The stock soared to $1,079 per share on June 3, up 278% from the start of the year and up a staggering 918% over the past 12 months.
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
