Micron Is an Incredible Bargain Below $1,000
It doesn't matter that Micron has almost tripled this year. It's still undervalued, especially right now.
Overview
Micron's (NASDAQ: MU) rally caught most investors by surprise. It quickly turned from a small AI play to a $1 trillion company. The stock has almost tripled this year, but it's down sharply due to a broad correction among AI stocks.
The stock is starting to rebound and recently crossed $900 again, but it's still trading at an incredible bargain. Here's why Micron looks compelling below $1,000 per share.
Image source: Getty Images.
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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.