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Micron Technology, Inc. (MU): A Bull Case Theory

We came across a bullish thesis on Micron Technology, Inc.  on Value investing subreddit by bodaflack. In this article, we will summarize the bulls’ thesis on MU. Micron Technology, Inc. 's share was trading at $117.68 as of August 22nd. MU’s trailing and forward P/E were 21.20 and 8.98 respectively according to Yahoo Finance.

[caption id="attachment_963062" align="aligncenter" width="750"] Photo by Yogesh Phuyal on Unsplash[/caption]

Micron Technology, Inc. (MU) appears significantly undervalued despite strong operational and financial momentum. The company recently guided Q4...