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@JaneWilliams 5 months ago

Micron is still super undervalued or nah?

Micron is still super undervalued or nah?

How is still trading at such a low forward P/E?

with revenue increasing 75%, profit increasing 163%, profit margin up to 57% from 38%.

How on earth is Forward P/E still less than 5?

They have confirmed contracts big tech through 2027.

Yes cyclical stock. BUT THE CYCLE IS NOW

What is the uncertainty about this stock on big market movers' mind that I am missing? Please provide wisdom

the forward looking stock market should have priced in this shit to at least 15 forward p/e by now based on sector averages i think

What is the reason price hasnt moved up? (Is it just market irrationality)

@Hudsonriley 5 months ago

Probably pricing in peak-cycle earnings not being sustainable.