2Lun·

Micron disappoints with outlook

$MU (-2,93 %) the figures for Q1 were slightly above expectations:

Sales 8.7B vs 8.7B expected

Net income 2.0B vs 1.8B expected


Q2 sales outlook is only 7.9B vs 9B expected

Micron sees "Decline in Industry Demand Growth" for 2024 and 2025


Too bad, as it was a buy candidate. Now I'll wait and see. A significant decline in sales does not fit into my investment thesis

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10 Comentarios

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I think that will get her kicked out for me too
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@Lumimyrsky would rather go to $AMD or $ASML, if you don't already have them.
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@BamBamInvest no my friend
i have $MU $LRCX and $TSM
you would not buy more from micron...
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@Memo0606 I don't understand your text, but no, I'm sticking with $AMD and $ASML for the next 3-5 years, but that doesn't mean the others will be any worse. You just need patience ✌️
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@BamBamInvest yes i am only considering buying $MU
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@Memo0606 Then do it when you have done your homework and are convinced ✌️😄
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@BamBamInvest are you keeping your feet still or are you also buying something or waiting for the time being?
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@Memo0606 I will buy a little more today $AMD and $NU and transfer further capital to be able to buy more. But I'll be on a boat for a week starting tomorrow, so I'll only be here rarely 😄 I believe that the markets will continue to rise towards the beginning/middle of the year, many will position themselves and some stocks that haven't done so well will be able to benefit from this, especially growth stocks. We will see 😉
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@Memo0606 Unfortunately, the outlook is too poor for me, so there is little upside potential for me.
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