Jim Cramer on Micron: You Need Flash and DRAM Prices to Go Higher
In order for Micron Technology's estimates to rise, flash and DRAM prices need to rise, according to TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer.
In order for Micron Technology's (MU) estimates to rise, flash and DRAM prices need to rise, according to TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer.
"Flash has peaked - DRAM, no - but flash has peaked," Cramer noted.
UBS initiated a sell rating on Micron Thursday.
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