Description
Micron is expecting nearly $50 BILLION in quarterly sales — but does that automatically make the stock a buy?
Revenue jumped 74%, yet memory shipments were only modest. A huge part of Micron’s growth came from higher memory prices.
That raises the real question: How long can Micron maintain this pricing power?
Because even if Micron delivers an incredible earnings report, the stock could still disappoint investors.
Watch before you buy MU.
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