Home Stock Where to buy Micron Technology stock: analysts believe the stock is poised for a surge after earnings report

Where to buy Micron Technology stock: analysts believe the stock is poised for a surge after earnings report

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Micron Technology stock closed December 20 at a 1.17 but the December 21 pre-market is $88.21, which is a +6.18 (7.53%) rise. The stock is expected to rise due to strong data-center sales driving the stock’s outlook and earnings.

Micron is currently experiencing an increase in the demand for memory chips due to increased cloud computing and the rapid adoption of 5G cellular networks.

To help stock investors who want to buy Micron Technology stock, Invezz has created a brief article on what it is and where to buy it.

To find out more, please continue reading.

Where to buy Micron Stock

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What is Micron Technology stock?

Micron Technology stock is the stock of Micron Technology, Inc. and it trades on NASDAQ under the symbol NASDAQ: MU.

Micron Technology is an American producer of computer memory and computer data storage including dynamic random-access memory, flash memory, and USB flash drives. It is headquartered in Boise, Idaho.

Micron consumer products are marketed under the brands Crucial and Ballistix.

Should I buy the Micron Technology stock today?

The recent Micron stock dip has come to an end and analysts expect the stock to start rallying. Therefore, you can buy the stock to take advantage of the current low prices.

Micron Technology stock price prediction

Micron Technology’s stock price is expected to rally in the coming week and possibly end the year above $90.

$MU stock social media coverage

$MU earnings on Dec 20th, 2021. If $MU earnings guide up all chips will be hot. Keep them on watch!$AMD$NVDA$QCOM

— Top Tier Alerts (@TopTierAlerts) December 18, 2021

$MU beats on sales by $10M and EPS by $0.06. More importantly, they guide FQ2 sales and EPS above consensus by $210M and $0.11 at the midpoints. Shares +6.9% AH. pic.twitter.com/VhHMUpJl3d

— Eric Jhonsa (@EricJhonsa) December 20, 2021

The post Where to buy Micron Technology stock: analysts believe the stock is poised for a surge after earnings report appeared first on Invezz.

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