Buy Micron Stock Because Chip Fundamentals Will Improve, Says Analyst

(MU) stock will rally because memory-chip demand will exceed expectations, according to Longbow Research. On its conference call at the time, Micron said the industry environment was difficult, but it predicted memory demand would improve later this calendar year. Longbow Research analyst Nikolay Todorov on Wednesday raised his rating to Buy from Neutral for Micron stock.

source https://finance.yahoo.com/m/86dfad24-e8c1-3dfd-b744-34b607b84408/buy-micron-stock-because-chip.html?.tsrc=rss

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