10 Best Regional Bank Stocks To Invest In Right Now: Micron Technology Inc.(MU)
Micron Technology, Inc., together with its subsidiaries, engages in the manufacture and marketing of semiconductor devices worldwide. Its products include dynamic random access memory (DRAM) products that provide data storage and retrieval, which include DDR2 and DDR3; and other specialty DRAM memory products, including DDR, SDRAM, DDR and DDR2 mobile low power DRAM, pseudo-static RAM, and reduced latency DRAM. The company also offers NAND flash memory products, which are electrically re-writeable and non-volatile semiconductor devices that retain content when power is turned off. In addition, it provides NOR flash memory products that are electrically re-writeable and non-volatile semiconductor memory devices; phase change memory products; and image sensor products. Micron Technology?s products are used in a range of electronic applications, including personal computers, workstations, network servers, mobile phones, flash memory cards, USB storage devices, digital still c ameras, MP3/4 players, and in automotive applications. It sells its products to original equipment manufacturers and retailers through internal sales force, independent sales representatives, and distributors, as well as through a Web-based customer direct sales channel. The company was founded in 1978 and is headquartered in Boise, Idaho.
Advisors' Opinion:- [By Paul Ausick]
Micron Technology Inc. (NASDAQ: MU) benefits by the demand for more of its mobile DRAM in the iPhone 5c. Micron’s stock closed at $22.17 on Friday, in a 52-week range of $6.07 to $23.67, and shares were trading down about 3.4% in Monday’s premarket. The Sterne Agee price target on the stock is $26.00, yielding a potential upside of around 17.3%. The consensus EPS estimate for FY 2015 is $2.29 and the forward multiple is 9.68.
- [By Dan Caplinger]
Micron Technology (NASDAQ: MU ) , up 126%
! Micron might seem like an unlikely candidate for this list, given its somewhat pedestrian status as a memory-chip maker. But the cyclical industry has definitely been on a major upswing lately, as demand for memory for solid-state drives and mobile devices has given Micron new sources of potential revenue. - [By Lisa Levin]
The industry dropped 3.24% by 11:00 am. The worst performer in this industry was Micron Technology (NASDAQ: MU), which declined 1.9%. Micron shares have jumped 125.13% over the past 52 weeks, while the S&P 500 index has gained 13.56% in the same period.
- [By Rich Bieglmeier]
[Related -Micron Technology, Inc. (MU) Q3 Earnings Preview: Bucking the Trend]
Micron manufactures and markets semiconductor solutions worldwide. It offers dynamic random access memory (DRAM) products for data storage and retrieval. The company also provides NAND flash memory products, such as flash memory cards comprising CompactFlash, Memory Stick, and Secure Digital; and JumpDrive products that are used in mobile phones, solid-state drives, tablets, computers, industrial and automotive applications, MP3/4 players, and other personal and consumer applications.
source from Top Stocks To Buy For 2015:http://www.topstocksforum.com/10-best-regional-bank-stocks-to-invest-in-right-now-2.html
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