Insights

Should Micron Technology Investors Be Worried?

Today’s video focuses on Micron Technology (NASDAQ: MU) and the current price downtrend for DRAM memory reported by TrendForce. Numerous analysts have also reduced their price targets for Micron Technology, as many fear consumer spending decreasing due to multiple macroeconomic events. Check out the short video below to learn more, including why I believe Micron can still be a long-term winner even with all the short-term bearish news.

*Stock prices used were the closed prices of June 17, 2022. The video was published on June 20, 2022.

Jose Najarro has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Jose is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

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