Source Post

$MU: Is Micron Still Undervalued at $1 Trillion?

The creator discusses Micron (MU) following significant analyst upgrades and presidential mentions. Despite a large jump in price targets, the creator finds a $1,600 target reasonable and argues that Micron is undervalued, especially considering its expected profits relative to its market cap. The creator dismisses concerns about cyclicality and commodity status, highlighting the high barriers to entry in memory chip manufacturing. While holding the stock and not selling, the creator may trim positions if it exceeds $1,000 due to its large portfolio weighting.