5 Best Autonomous Vehicle ETFs and Stocks to Invest In

4. Micron Technology, Inc. (NASDAQ:MU)

Number of Hedge Fund Holders: 69

Micron Technology, Inc. (NASDAQ:MU) is a semiconductor company manufacturing and selling memory and storage products. The company has been involved in the AV sector for over 25 years, with its memory and storage portfolio enabling automotive applications and AVs.

A Buy rating was reiterated on Micron Technology, Inc. (NASDAQ:MU) shares on August 10, by analyst Sidney Ho at Deutsche Bank. The analyst also placed a $68 price target on the stock.

This September, BofA added Micron Technology, Inc. (NASDAQ:MU) to its list of new ideas in the Alpha Surprise Screen, which ranks stocks in the S&P 500 based on their attractiveness as investments. With a score of one being most attractive, Micron Technology, Inc. (NASDAQ:MU) was assigned a score of 1.5.

Out of 895 hedge funds, 69 funds were long Micron Technology, Inc. (NASDAQ:MU) in the second quarter, compared to 78 funds in the previous quarter. Their total stake values were $2.2 billion and $3.4 billion, respectively.