Micron Technology, Inc. (NASDAQ:MU) is Strong Long Term

Our Focus List is comprised of stocks that have correlations to the broader market that should be respected, and the current read of our Focus List shows us that there are only 4 stocks considered to be strong on a longer term basis.

Micron Technology, Inc. (NASDAQ:MU) is also considered to be strong.

Sign Up for Free Trial

MU is considered strong and given our Sentiment Table, which is derived based on price action and the technicals, this is important, but fundamentally there is a material improvement in earnings taking place and that is expected to continue.  In fact, based on earnings expectations, the PE multiple for MU is expected to plummet to near 6x earnings going forward, but the growth rate is expected to be solid, near 20%, making MU look like a good value so long as it meets analysts estimates.

MU EPS Analysis

MU Dividend Chart

MU Revenue chart

MU Growth rate - Quarterly

MU Growth rate - Yearly

MU PE chart

MU PEG chart