|Company name||Micron Technology, Inc.|
|Live stock price||[stckqut]MU[/stckqut]|
|P/E compared to competitors||Fair|
|Return on Assets growth||Good|
|Market Capitalization Growth||Good|
|Income / Rev growth||Good|
|Weighted ann. stock price increase||Good|
|Confident Investor Rating||Good|
|Target stock price (TWCA growth scenario)||$75.81|
|Target stock price (averages with growth)||$141.77|
|Target stock price (averages with no growth)||$82.41|
|Target stock price (manual assumptions)||$79.33|
The following company description is from StockRow: https://stockrow.com/MU
Micron Technology, Inc. manufactures and sells memory and storage solutions worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Storage Business Unit, and Embedded Business Unit. It offers memory and storage technologies, including DRAM, NAND, NOR Flash, and 3D XPoint memory under the Micron, Crucial, and Ballistix brands, as well as private labels. The company provides memory products for the cloud server, enterprise, client, graphics, and networking markets; memory products for smartphone and other mobile-device markets; SSDs and component-level solutions for the enterprise and cloud, client, and consumer storage markets; other discrete storage products in component and wafer forms for the removable storage markets, as well as 3D XPoint memory products; and memory and storage products for the automotive, industrial, and consumer markets. It markets its products through its internal sales force, independent sales representatives, distributors, and e-tailers; and Web-based customer direct sales channel, as well as through channel and distribution partners primarily to original equipment manufacturers and retailers. The company has strategic collaboration with BMW Group. Micron Technology, Inc. was founded in 1978 and is headquartered in Boise, Idaho.
Confident Investor comments: At this price and at this time, I think that a Confident Investor can confidently invest in Micron Technology, Inc. as long as the indicators that I describe in my book The Confident Investor are favorable.
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