Financial Report Outlook | AI Dividend Eating Non-stop. Micron Technology (MU.US) Stock Price Soaring, Still "Good Value for Money"?
Wisdom Finance APP learned that since early March, the stock price of Micron Technology (MU.US) has risen by over 80%. Despite the significant increase in stock price, Micron Technology's forward price-to-earnings ratio remains at an extremely low level. Considering the company's strong fundamentals and its ability to capture the dividends of artificial intelligence (AI) development (currently AI momentum is still increasing), the current valuation is clearly unfair.
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