5 Best Value Stocks to Buy for Long Term Investment

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​1. Micron Technology, Inc. (NASDAQ:MU)

EPS Growth Next 5 Years: 117.74%

FWD P/E Ratio: 13.15

Number of Hedge Fund Holders: 137

​Micron Technology, Inc. (NASDAQ:MU) is one of the Best Value Stocks to Buy for Long Term Investment. On May 13, Bank of America Securities reiterated a Buy rating on Micron Technology, Inc. (NASDAQ:MU) and raised the price target on the stock from $500 to $950.

​The firm noted that the improved outlook comes after they updated the AI data center total addressable market outlook for the calendar year 2030. The firm now believes that the AI data center systems market will be worth around $1.7 trillion in 2030, up significantly from the previous projection of $1.4 trillion. The firm believes that this larger market portion is expected to structurally benefit suppliers like Micron that sell high‑value memory into AI servers.

​Based on the improved projections for 2030, BofA expects 2026 to be a year of accelerating AI sales and return on investments. Looking ahead into 2027, the firm expects improved efficiency as new architecture compute and memory systems ramp.

​Micron Technology, Inc. (NASDAQ:MU) provides innovative memory and storage solutions. Its operations are divided into the following segments: Compute and Networking Business Unit (CNBU), Mobile Business Unit (MBU), Embedded Business Unit (EBU), and Storage Business Unit (SBU).

While we acknowledge the potential of MU to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than MU and that has 100x upside potential, check out our report about the cheapest AI stock.

READ NEXT: 10 Best Stocks to Buy While the Market Is Down and 14 Stocks That Will Double in the Next 5 Years. 

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