MU is an extremely under-valued stock that has been consistently producing positive earnings and showing growth month after month. MU is bound to hit $50 and then $55. It dropped 3% yesterday, currently sitting at $48.05, and is at a perfect spot for people to invest in. Their P/E ratio sits around 11 as of now, which is lower than the sector average which sits around 20 - 25. There is lots of room for MU to grow!
For those who live under a rock, MU is a huge player in the semi-conductor business. They have grown over 130% in one year and are looking forward to more growth. The semi-conductor business is only going to grow along with the demand for more advanced technologies. Almost all tech uses semi-conductors and to not invest in a semi-conductor stock would be ill advised.
