Rate Of Return$Micron Tech(MU.US) Currently, Micron's main issues are vehicle weight and the need for capacity expansion.
This is also a challenge faced by all cyclical stocks. Whether Apple adjusts its Micron quota next year is a minor issue. The funds in the market have also exited and have now moved upstream to the capacity expansion sector. Yesterday, both the upstream and downstream sectors rose, but Micron did not.
Perhaps this is the necessary ordeal that memory must go through before it can become a growth stock.
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
