What attracted me was not really the news.
It is just that I loved a few numbers:
Esplosive growth: Quarterly Revenue Growth (yoy) 92.10
Very reasonable price:
Trailing P/E 16.22


Add to that the plenty of patents usually tech companies like this have. Plus today’s news of beating both revenue and earnings forecasts.
All that makes Micron the perfect buy for me. Although yesterday MU would have cost me 8% less.

3 responses to “This time I bought on the news: Micron Technology, Inc. (MU)”

  1. deminvest Avatar

    Here is my trade:
    BOT 40 MU MICRON TECHNOLOGY INC.
    Market 36.94 36.95
    Day 09/27/17 12:04 PM ET
    Executed $36.8899

  2. Alex Avatar
    Alex

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  3. Alex Avatar
    Alex

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