Micron Technology Inc.

Micron Technology provides memory and storage solutions. The company's portfolio of memory and storage technologies include DRAM, NAND, NOR Flash, and 3D XPoint memory. The company has four business units: Compute and Networking Business, which includes memory products sold into cloud server, enterprise, client, graphics, and networking markets; Mobile Business, which includes memory products sold into smartphone and other mobile-device markets; Storage Business, which includes Solid-State Drives and component-level solutions sold into enterprise and cloud, client, and consumer storage markets; and Embedded Business, which includes storage products sold into automotive, industrial, and consumer markets.
  • TickerMU
  • ISINUS5951121038
  • ExchangeNASDAQ Stock Market
  • SectorTechnology Hardware & Equipment
  • CountryUnited States
Wedbush Research

Wedbush Morning Call - Jul 13 2020 6:44AM

Matthew Bryson

Monthly Revenue Update - Strong June Supports Hopes for a Q3 Uptick

Dave Nicoski ...
  • Ross LaDuke

Vital Signs: Actionable charts

Key Points: • A number of names in the Communications Sector are showing signs of leadership. (ex. GLUU, TWTR, GOOGL, NYT, and NWSA) • Consumer Discretionary continues to have a number of attractive names technically. (ex. TPR, LGIH, DHI, VSTO, RGR, PENN, SGMS, BYD, BJRI, BKE, EBAY, SIG, HAIN, and ENR ) • A number of Financial Sector names appear to be perking up. (ex. JHG, INTL, EVR, GHL, ARR, and CINF)

Dave Nicoski ...
  • Ross LaDuke

Vermilion Macro Vision: Sector Synopsis

The following synopsis provides Summary details of our current investment outlook: • U.S. dollar: The U.S. dollar had attempted a breakdown but has thus far held firm at the 96.61 level. However, the longer-term downtrend remains intact with the dollar unable to overtake its 200-day moving average at 97.70. A break to the downside will tip the scale in the direction of emerging markets and precious metals, while a break to the upside will likely foster another surge into growth related names. • High yield spreads: Spreads continue to narrow and suggest a risk-on environment. The Fed remain...

Dave Nicoski ...
  • Ross LaDuke

Vital Signs: Actionable charts

Key Points: • A number of significant Communications names are developing bullishly. (ex. GOOG, FB, and NWS) • Consumer Discretionary names continue to develop positively. (ex. THRM, LEA, WYNN, PENN, CMG, KMX, and AMZN) • Energy Sector names continue to attempt to carve out bottoms. (ex. OXY, VAL) • Financial Sector names continue to develop bullishly (ex. C, UMPQ, EWBC, TROW, MSCI, SPGI, GS, and MS)

Dave Nicoski ...
  • Ross LaDuke

Vermilion Compass: Weekly Equity Strategy

MSCI ACWI, STOXX 600 Breaking Out The market continues to feed off of optimism surrounding the US-China “phase one” trade deal. Boris Johnson's UK election victory has added an additional tailwind, particularly in the UK and Europe, where the UK's FTSE 250 and the STOXX Europe 600 indexes are breaking out to all-time highs. At some point the euphoria is likely to wear off, but with continued global bullish developments, it remains our belief that pullbacks should be bought and that global equities are in the early stages of a broad-based advance. • Sector Relative Strength Rankings (RSR) & W...

GMR Weekly Notes - 18 June 2018

Markets this week: Stocks:FedEx(FDX); Micron Technology (MU); Oracle (ORCL); Red Hat (RHT); ExxonMobil (XOM) Commodities: WTI Crude (CL1); Gold (XAU) Forex: USDCHF; USDSGD; NZDUSD Rates: 10s/30s

Wedbush Research

Wedbush Morning Call - Jul 13 2020 6:44AM

Matthew Bryson

Monthly Revenue Update - Strong June Supports Hopes for a Q3 Uptick

Moody's rates Micron's new senior notes at Baa3

Rating Action: Moody's rates Micron's new senior notes at Baa3. Global Credit Research- 21 Apr 2020. New York, April 21, 2020-- Moody's Investors Service, rated Micron Technology, Inc.' s new tranche of senior notes at Baa3.

Micron Technology, Inc.: Drawdown of entire revolving credit facility is credit negative

Micron's drawdown on the revolver will increase financial leverage, but will boost liquidity.

Micron Technology, Inc. - November 2019 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

Micron Technology, Inc. - August 2019 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

Micron Technology, Inc.: Update to Credit Analysis

Micron benefits from a net cash leverage position and large pool of cash and marketable securities, which is appropriate for the industry’s capital intensity and rapid economic obsolescence.

Thanks to a better fundamental star rating, MICRON TECHNOLOGY INCO. sees an upgrade to Neutral

The independent financial analyst theScreener just awarded an improved star rating to MICRON TECHNOLOGY INCO. (US), active in the Semiconductors industry. As regards its fundamental valuation, the title receives an improved star rating and now shows 4 out of 4 possible stars. With regard to its market behaviour, it remains unchanged and can be qualified as risky. theScreener considers that these elements allow slightly upgrading its rating to Neutral. As of the analysis date June 5, 2020, the closing price was USD 53.72 and its expected value was estimated at USD 45.84.

Model Portfolio Update: Three Stocks Achieve Short Sale Targets

This is an update to our model portfolio report, "37 Stocks for March 2018". Long/Short Model Portfolio Selection Criteria The stocks selected for our theoretical model portfolio strategies all rank highly on four key metrics, with an emphasis on proxies for cash flow growth and ROIC: Relative value. Operating momentum. Consensus estimate revisions. Fundamental quality.

Micron Technology (MU) Achieves Model Portfolio Price Target

The stocks selected for our theoretical model portfolio strategies all rank highly on four key metrics, with an emphasis on proxies for cash flow growth and ROIC: Relative value. Operating momentum. Consensus estimate revisions. Fundamental quality.

Model Portfolio Update: Lam Research Provides Intriguing Long-term Guidance

This is an update to our model portfolio report, 37 Stocks for March 2018.

37 Stocks for March 2018 (Full Report)

We highlight stocks that demonstrate solid growth at a reasonable price (GARP). Stocks selected for our model portfolio strategies all rank highly for the following metrics, with an emphasis on proxies for cash flow growth and ROIC:  Relative Value Operating Momentum Analyst Revision Momentum Fundamental Quality Pages 7-3 contain brief commentary and highlights of a few stocks that seem particularly attractive.     Page 14 contains rebalancing actions for our long-only model portfolio. Page 16 contains rebalancing actions for our short-only model portfolio. Target and stop prices, ...

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