Jim Cramer Says “I’ve Been Waiting for Micron to Come Down”
Key takeaways
- Jim Cramer Says “I’ve Been Waiting for Micron to Come Down” Syeda Seirut Javed Thu, May 21, 2026 at 8:12 PM GMT+7 3 min read MU Micron Technology, Inc.
- The fairly similar Micron sells for less than 12 times earnings, and it seems compelling, down 6% today.
- (NASDAQ:MU) develops memory and storage solutions, including DRAM, NAND, and SSD products, under the Micron and Crucial brands.
Jim Cramer Says “I’ve Been Waiting for Micron to Come Down” Syeda Seirut Javed Thu, May 21, 2026 at 8:12 PM GMT+7 3 min read MU Micron Technology, Inc. (NASDAQ:MU) was among the stocks Jim Cramer discussed while explaining how investors can navigate the current market rotation. Cramer explained how to buy the stock, as he remarked:
The fairly similar Micron sells for less than 12 times earnings, and it seems compelling, down 6% today. I’ve been waiting for Micron to come down. This may be the opportunity [buy, buy, buy]… So what do you do as someone who’s always looking for bargains? I think Micron’s the only possibility that I heard in that whole list. It’s the hardware stock that can most easily turn itself around in the next move higher. I’d buy some right here and then wait for another, say 2 to 3% decline, to buy more. That’s how I’d get started.
Micron Technology, Inc. (NASDAQ:MU) develops memory and storage solutions, including DRAM, NAND, and SSD products, under the Micron and Crucial brands. Cramer highlighted the company while discussing the memory and storage supply shortage during the May 8 episode, as he commented: