Micron Technology Inc. (MU)

45.52
NASDAQ : Electronic Technology
Prev Close 44.67
Day Low/High 44.63 / 46.00
52 Wk Low/High 28.39 / 57.55
Avg Volume 27.12M
Exchange NASDAQ
Shares Outstanding 1.10B
Market Cap 49.31B
EPS 12.30
P/E Ratio 5.22
Div & Yield N.A. (N.A)

More INTC, MU

I am offering some more and on the short side now.

Jim Cramer: Don't Try to Predict the Cycle, Game the 'Gamers' Instead

Jim Cramer: Don't Try to Predict the Cycle, Game the 'Gamers' Instead

The big portfolio managers get ahead of the turn in cycles -- as we can see in oil services, semiconductors and autos, among other sectors. Here's how to play their game.

Key Takeaways

With thirty minutes to go in the regular hours trading session: * Second day of weakness with 1,340 advancers and 1,610 decliners on the NYSE. * But we are way off the day's lows. In fact S&P futures are 17 handles above the morning levels (Made a n...

Samsung's Phone and Memory Guidance Didn't Rock the Boat

Samsung's Phone and Memory Guidance Didn't Rock the Boat

Though the Korean tech and electronics giant is facing its share of challenges, it did report seeing strong Galaxy S10 sales and forecast memory demand will improve in the coming months.

Shorts Starting to Pay Off

Recent shorts such as T. Rowe Price , Franklin Resources , Micron Technology , Intel and Apple are beginning to pay off!  

Intel Stock Takes Historically Deep Dive After Offering Gloomy Guidance

Intel Stock Takes Historically Deep Dive After Offering Gloomy Guidance

Intel investors had a bad flashback on Friday.

Tempered 2019 Outlook Tanks Intel Stock

Tempered 2019 Outlook Tanks Intel Stock

Macro factors and demand deceleration are driving a deep decline in Intel shares.

Yesterday

"Yesterday All my troubles seemed so far away Now it looks as though they're here to stay Oh, I believe in yesterday" - The Beatles, Yesterday I was active trading yesterday. I added to my Index shorts ( and ) and to a number of individual equity sh...

New and Added Shorts

"Just one more thing." - Lt Columbo Small beat at Intel but very poor next quarter and full-year guidance (both sales and profits). I shorted Intel (on the report) and added further to my Micron and shorts. This stock was widely touted in the busine...

Key Takeaways

With an hour to go, here are my key observations on the day: * Another smart rally off of the day's low (such a resilient market!) but not accompanied by a revival of breadth (which is now 1,175 advancers against 1,760 decliners). * Bonds rose by 1-...

Back to School: My Trading Strategy for ServiceNow, Microsoft, Raytheon, Amazon

Back to School: My Trading Strategy for ServiceNow, Microsoft, Raytheon, Amazon

Pull up a chair in Sarge's classroom.

Short People Got No Reason...

"Short people got no reason Short people got no reason Short people got no reason To live They got little hands And little eyes And they walk around Tellin' great big lies They got little noses And tiny little teeth They wear platform shoes On their...

SAP's New Activist Investor Appears to Have Done Its Homework -- Tech Check

SAP's New Activist Investor Appears to Have Done Its Homework -- Tech Check

Elliott Management thinks SAP can significantly grow its EPS with the help of cost cuts and buybacks. A comparison of SAP's margin profile with Oracle and Microsoft's suggests it's right.

Chart of the Day

* The Semis have diverged from their historical relationship to bond yields * I added to my Micron short yesterday Semis (orange line) v. the 10 year U.S. note yield (white line): Source: Peter Boockvar

More Shorts

"Revenue decreased 5% from the same quarter a year ago as demand for our products continued to slow across most markets." - Texas Instruments 1Q EPS release I added to my Micron Technology short on the knee jerk rise in those shares (post market). I...

Key Takeaways

Here are my key observations from today's action: * A record setting day. * Liquidity, price momentum, selected EPS reports and "animal spirits" were likely contributing factors to the rush higher. * Breadth was strong -- about 3-1 advancers to decl...

Tweet of the Day

I remain short Micron Technology .  From my pal, Fred Hickey: Problem semi investors face: by driving SOX up 35% YTD to all-time highs (smashing the old records), they've built in best of all rosy scenarios- really a coming boom.Yet semi makers misr...

Jim Cramer: One Heck of a Resilient Market

Jim Cramer: One Heck of a Resilient Market

A resilient market allows you to buy stocks when they get hammered and do so with some certainty that you won't get your head handed to you.

Key Observations

Here are my key takeaways from today: * Mr. Market bent but didn't break. * Breadth was modestly negative (1,373 advancers, 1,555 decliners). * Bonds continue to point toward slowing economic activity in the U.S. and globally.  The yield on the 10-y...

China Exports, Bank Earnings, Disney+, Chevron/Anadarko: Market Recon

China Exports, Bank Earnings, Disney+, Chevron/Anadarko: Market Recon

There are several metrics that will be measured across all of the major banks that analysts and investors alike must take into account.

China's Planned Crypto Mining Ban Won't Affect Nvidia and AMD Much - Tech Check

China's Planned Crypto Mining Ban Won't Affect Nvidia and AMD Much - Tech Check

Nvidia and AMD are now getting very little revenue from sales of graphics cards to cryptocurrency miners.

Watching Micron

Yesterday I placed Micron on my Best Ideas List (short) and made it my Trade of the Week (short). As Sarge (who is more upbeat on this name) pointed out this morning, the shares of Micron were subject to another downgrade: The iShares PHLX Semicound...

Earnings Season, EU Trade Troubles, Trading Intel: Market Recon

Earnings Season, EU Trade Troubles, Trading Intel: Market Recon

The EU is on the ropes. The economy there is in flames.

Jim Cramer: Do These 5 Powerful Analyst Downgrades Make the Grade?

Jim Cramer: Do These 5 Powerful Analyst Downgrades Make the Grade?

Monday was a demonstration of pretty much everything analysts can throw at stocks to get you out while the getting is still good.

From the Street of Dreams

Cowen lowers its rating on Micron this morning: We are downgrading Micron to Market Perform based on our field work that indicates the confluence of a sea change in the competitive environment, an erosion in MU's NAND cost leadership, and our analys...

Trade of the Week - Shorting Micron ($43.32) 

On Friday I reestablished my short in Micron .  This morning I am adding MU (short) to my Best Ideas List, and making Micron my Trade of the Week. Here is my investment rationale: * From an investment and trading standpoint MU seems overpriced after...

Google Just Opened Up a New Revenue Stream for Google Assistant - Tech Check

Google Just Opened Up a New Revenue Stream for Google Assistant - Tech Check

Google will now show full search results -- including search ads -- when handling certain Google Assistant queries on Android devices.

Shorting Micron

I am back shorting Micron at $43.25.

Samsung Stock Slips as Profits Forecast Falls to Lowest Level in Years

Samsung Stock Slips as Profits Forecast Falls to Lowest Level in Years

Samsung is setting yet another bearish standard for semis and smartphones in the first half of 2019.