$Micron Technology(MU)$ Even at $500, MU's P/E ratio is just 24x versus the semiconductor sector's 35-60x. More importantly, MU's forward P/E is only 9-9.2x. What does that tell you about where we're heading, with no end in sight?
$Micron Technology(MU)$ Even at $500, MU's P/E ratio is just 24x versus the semiconductor sector's 35-60x. More importantly, MU's forward P/E is only 9-9.2x. What does that tell you about where we're heading, with no end in sight?
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