Micron Technology Inc. (MU)

46.26
0.93 1.97
NASDAQ : Electronic Technology
Prev Close 47.19
Open 46.72
Day Low/High 45.85 / 46.74
52 Wk Low/High 28.39 / 51.39
Volume 14.58M
Avg Volume 20.85M
Exchange NASDAQ
Shares Outstanding 1.11B
Market Cap 53.58B
EPS 5.70
P/E Ratio 8.78
Div & Yield N.A. (N.A)

Latest News

Trade of the Week: VXX

My Trade of the Week is long the iPath Series B S&P 500 VIX Short-Term Futures ETN , which closed last Friday at 18.64. * Last week's Trade of the Week (short Micron at $49.62) served us well, producing a nearly 5% return in four days. * Let's try t...

The Micron Short Is in the Chips

This week's Trade of the Week - shorting Micron - turned out fine (with a gain of almost 5% in an "up" market). Currently trading at $47.26, it was shorted on Tuesday's opening at $49.62. My rationale: * Semiconductor stocks are momentum darlings an...

From The Street of Dreams

UBS downgrades Micron Technology this morning.

My Takeaways

* A "snoozer" * Good overall action in the face of possible snags in the U.S./China trade negotiations. * But volume is light and programs mainly moving the markets. * Breadth almost flat and little movement in the Indices. * Gold rallied (+$8/oz) a...

Trade of the Week Update (Short Micron)

Micron's shares fell yesterday in a flat tape. Today they are down another -$1.50/share (nearly 3%).

Key Takeaways

* Breadth was slightly negative on the day. * Gold and bond prices were down bigly. * The S&P closed near the day's low -- but nothing dramatic. * Retail (Macy's +5%) and financials were upside features. * Boeing up off a well received CNBC (+$7) in...

Kass: Why I Am Shorting Micron

Kass: Why I Am Shorting Micron

There are several reasons why this is my 'Trade of the Week.'

Trade of the Week Update

I shorted more Micron on the opening at $49.62.

Trade of the Week (Short Micron $49.70)

* Semiconductor stocks are momentum darlings and are making new highs * I question the bottoming thesis Micron's shares have risen because of hope that the U.S./China trade negotiations will be resolved favorably. (I am less optimistic). Here are so...

Intel and Amazon's Cloud Capex Numbers Bode Well for Chip and Hardware Suppliers

Intel and Amazon's Cloud Capex Numbers Bode Well for Chip and Hardware Suppliers

Intel suggests the recent slowdown it's seen in demand from cloud clients is ending, and Amazon's latest capital spending numbers support this claim.

Should I Be in Intel Now?

Should I Be in Intel Now?

Do I want to buy equity here? I have enough exposure to the semis as whole right now.

Is the Worst Over for Johnson & Johnson?

Is the Worst Over for Johnson & Johnson?

A lot of investing is just waiting until the market hates good companies.

Adding to 3 Shorts

I have added to my , and shorts.

Chips Ahoy!

Fred Hickey was correct and the management of Micron , some technicians (who admired the semi charts) and the unusual call activity cabal were wrong - the semi recovery is not likely underway. My key takeaway from the large miss: 4Q2019 revenues gui...

My Takeaway

As expected, Texas Instruments  spit the bit after the bell. The sell-side's fave (and our short), Micron , should suffer collateral damage. There were other earnings high-profile minefields uncovered in the after hours.  In looking at the bigger pi...

A Contrarian View

There is probably no group as loved today as semiconductors. I am short Micron and I have been adding all week.

Jim Cramer: Here's What We Can Bask in Today

Jim Cramer: Here's What We Can Bask in Today

On days like today you realize how much of this market has been mauled by the bear.

My Recent Trading and Investing

I was quite active in my trading and investing over the last two days (while I was on the West Coast and not writing in my Diary). Here is a summary of my actions: * I have added to my private equity shorts - (a new position) joins . * I have reesta...

Jim Cramer: 7 Key Points of Contention in China Trade Talks

Jim Cramer: 7 Key Points of Contention in China Trade Talks

The Chinese want to buy more soybeans. The U.S. wants real change. Sounds like there's not a lot of common ground.

Jim Cramer: These Stocks Are Cheap... if We Avoid a Recession

Jim Cramer: These Stocks Are Cheap... if We Avoid a Recession

With low price-to-earnings multiples, these stocks could be buys right now -- depending on your take on recession.

Uber Has Found a Bit of Life

Uber Has Found a Bit of Life

Several factors could set us up for a bounce play in a grossly oversold name.

Micron: Let's Get to the 'Bottom' of the Story on This Chip Stock

Micron: Let's Get to the 'Bottom' of the Story on This Chip Stock

'Bottoming' and 'bottomed' are two very different things.

Jim Cramer: Micron Technology Should Be on Your Radar

Jim Cramer: Micron Technology Should Be on Your Radar

Despite the selloff in this name, if you believe in a rally, you can bet that MU will be a leader.

If Trade Becomes a Negative, Look Out Below for U.S.-Listed Chinese Stocks

If Trade Becomes a Negative, Look Out Below for U.S.-Listed Chinese Stocks

A report indicated that Trump Administration officials are seeking ways to limit capital flows from U.S. investors into China.

Micron Might Actually Be Fairly Priced Where It Currently Sits

Micron Might Actually Be Fairly Priced Where It Currently Sits

Let's see what the trading into early next week brings before establishing any new trades in Micron.

Watch How Micron Trades Before Throwing It Under the Bus

Watch How Micron Trades Before Throwing It Under the Bus

Let's see how the semiconductor company opens, trades and closes before deciding if it is a buying opportunity or the start of a deeper decline.

Stealth Bear Markets Are Crushing Many Market Players

Stealth Bear Markets Are Crushing Many Market Players

One of the most apparent bear markets right now is in stocks that have had recent IPOs.

Fed 'Blindsided' Again, Peloton's No Bargain, Trading Jabil: Market Recon

Fed 'Blindsided' Again, Peloton's No Bargain, Trading Jabil: Market Recon

Does the Fed just keep injecting liquidity into money markets every single night forever?