Could Micron Stock Help You Become a Millionaire?
The memory giant has minted new millionaires over the past year, and it's not too late for you to join them.
Overview
Investing in Micron (NASDAQ: MU) one year ago would have turned $1,000 into $6,690 by now. When those types of returns happen, some investors may believe they've missed out on the opportunity, but Micron is still in a position to mint new millionaires.
While a 10x return is a tough ask for a $1 trillion company, it's feasible for this chipmaker to continue outperforming the S&P 500.
Image source: Getty Images.
Details
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.