Micron Earnings Are Set for a 10x Jump: The Stock Is Still the Cheapest in Tech
Micron earnings are expected to jump 10-fold on Sept. 30, yet the stock trades at 7.3 times forward profits, the cheapest valuation in XLK.
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Why It Matters
Micron expects its profits to jump way up very soon. The stock price is cheap compared to other tech companies right now.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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