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Prediction: Micron Stock Will Skyrocket After June 24
Key takeaways
- MU ^GSPC NVDA Even with a recent pullback, Micron Technology s (NASDAQ: MU) stock remains sizzling hot.
- I predict that Micron s stock will skyrocket after the company reports its third-quarter earnings on June 24.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
MU ^GSPC NVDA Even with a recent pullback, Micron Technology s (NASDAQ: MU) stock remains sizzling hot. Shares of the memory chipmaker have soared roughly 750% over the past 12 months. Micron is up more than 250% year to date, ranking it No. 4 among top performers in the S&P 500 (SNPINDEX: ^GSPC).
Can this high-flying stock s momentum continue? Probably. I predict that Micron s stock will skyrocket after the company reports its third-quarter earnings on June 24.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
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