Prediction: Micron Stock Will Be Worth More Than $3,000 by the End of 2027
Micron's stock could be set up perfectly for a huge rally.
Overview
At the end of June, Micron (NASDAQ: MU) stock looked like an unstoppable rocket ship. It was up more than 300% to start the year and had topped $1,200 per share. Now, it has sold off to about $900 as investors take some gains off the table.
However, I think this is a perfect buying opportunity for those who missed out on the initial run, as a move to $3,000 could be coming by the end of 2027. That's over a triple in just under a year and a half of investing, making Micron a no-brainer buy if it can pull it off.
Details
Let's take a look at how it's possible, and how Micron can get it done.
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.