Key insights
- The post questions Micron's low forward P/E ratio despite strong revenue and profit growth, suggesting undervaluation. Confirmed contracts with big tech through 2027 are highlighted as a positive catalyst. The author believes the market is undervaluing Micron, implying potential upside for the stock. The cyclical nature of the semiconductor industry is acknowledged, but the author believes the current cycle favors Micron.
How is micron 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 micron price hasnt moved up? (Is it just market irrationality)