$Micron Technology(MU)$ $SK hynix(SKHY)$ I think Micron should buy SK Hynix and drop the buyback. If Micron just acquires SK Hynix at a very low price, it would push Micron's forward PE up to 20, which essentially makes SK Hynix free and a huge win. When Amazon bought Whole Foods, the share price went up, so it was basically free as well.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

  • Top
  • Latest
empty
No comments yet