Time to Buy Micron Technology?

Monday, November 21, 2016

The price of Micron Technology, the world leader in memory and semiconductor technology, fell by almost three quarters between December 2014 and May 2016. The recent six-month rise seems to be more than a technical recovery. We believe a bullish reversal psychology is underway based on fundamental and technical factors.
From a fundamental perspective, the company recently highlighted tight supplies of memory chips, a positive factor contributing to the company’s net income. Furthermore, Micron Technology pointed out both.. Read the full article here.