Why I am buying Micron stock at $70
#4

(03-11-2021, 07:00 PM)sgbuffett Wrote:  [Image: Me1mBUI.jpg]

Stock has had a set back due to semi con shortage causing laptop and PC makers to halt production hence lower demand for its memory chips

I am not worried about this temporary situation which has helped to bring down the stock price.

Long term digitalisation trend  will translate to rising demand for next decade.

Given the long term prospects the stock valuation is undemanding and will rise with the demand.

The market is shared by just a handful of players...no new entrants is possible. Margins will be maintained.
[Image: E5pIzIu.jpg]

Stock itself is good but there is better price to buy bro.
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Messages In This Thread
Why I am buying Micron stock at $70 - by sgbuffett - 03-11-2021, 07:00 PM
RE: Why I am buying Micron stock at $70 - by Blasterlord2 - 03-11-2021, 07:43 PM
RE: Why I am buying Micron stock at $70 - by sgbuffett - 03-11-2021, 07:59 PM
RE: Why I am buying Micron stock at $70 - by sgbuffett - 15-01-2022, 10:03 AM
RE: Why I am buying Micron stock at $70 - by Zannn - 03-11-2021, 08:03 PM
RE: Why I am buying Micron stock at $70 - by pervertosan - 03-11-2021, 11:33 PM
RE: Why I am buying Micron stock at $70 - by Blasterlord2 - 03-11-2021, 11:46 PM
RE: Why I am buying Micron stock at $70 - by pervertosan - 03-11-2021, 11:52 PM
RE: Why I am buying Micron stock at $70 - by sgbuffett - 04-11-2021, 04:50 AM
RE: Why I am buying Micron stock at $70 - by pervertosan - 04-11-2021, 06:05 AM
RE: Why I am buying Micron stock at $70 - by sgbuffett - 04-11-2021, 06:40 AM
RE: Why I am buying Micron stock at $70 - by sgbuffett - 17-12-2021, 05:49 AM
RE: Why I am buying Micron stock at $70 - by forum456 - 17-12-2021, 10:30 AM
RE: Why I am buying Micron stock at $70 - by sgbuffett - 17-12-2021, 10:48 AM
RE: Why I am buying Micron stock at $70 - by Blin - 17-12-2021, 10:51 AM
RE: Why I am buying Micron stock at $70 - by sgbuffett - 23-11-2021, 06:44 PM
RE: Why I am buying Micron stock at $70 - by Zannn - 23-11-2021, 10:16 PM
RE: Why I am buying Micron stock at $70 - by sgbuffett - 24-11-2021, 05:03 AM
RE: Why I am buying Micron stock at $70 - by sgbuffett - 21-12-2021, 11:46 AM
RE: Why I am buying Micron stock at $70 - by sgbuffett - 22-12-2021, 06:12 AM
RE: Why I am buying Micron stock at $70 - by sgbuffett - 15-01-2022, 09:51 AM

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