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re: MU…the next growth explosion?
Posted on 3/26/24 at 8:50 pm to Lake08
Posted on 3/26/24 at 8:50 pm to Lake08
MU up 8 days running, reported great numbers last week, raised guidance and high bandwidth memory (HBM) is in increasing cyclical demand with AI on edge for new computers and phones.
With current price to sales 20% of NVDA, MU fits the profile on next growth explosion beneficiary of AI movement. You could choose far worse than MU today, even at ATH of $119.
With current price to sales 20% of NVDA, MU fits the profile on next growth explosion beneficiary of AI movement. You could choose far worse than MU today, even at ATH of $119.
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