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Micron Is Up 225% This Year and Still Trades at 5 Times Earnings. Is It Too Late?

Source: 247wallst.com

Company FundamentalsCorporate Guidance & OutlookAnalyst Insights
Micron Is Up 225% This Year and Still Trades at 5 Times Earnings. Is It Too Late?

Micron has secured signed customer agreements covering the majority of next year's shipments. Despite that visibility, its stock is 27% below its all-time high and its forward earnings multiple trails those of a memory rival and its largest customer.

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