Mu yahoo finance the latest "mu yahoo finance" sector

The latest "mu yahoo finance" sector data signals memory chip pricing uptrend, benefiting MU. Industry forecasts from market research put NAND flash ASPs rising 8% quarter-over-quarter amid tight supply dynamics. To find the most promising low-cost stocks according to hedge funds, we used the Finviz stock screener. We set the Forward P/E under 15 to get a list of cheap stocks with a market capitalization of over $2 billion. We then examined the hedge fund sentiment of these stocks as of Q2 2024 and picked the most popular ones. The stocks are sorted in ascending order of the number of hedge fund holders as of Q2 2024 as a primary metric and their Forward P/E as of October 13, as a secondary metric. Micron's business has been booming due to AI-powered demand recently. The company widely outperformed expectations in its most recent quarter, and its shares have nearly doubled this year. At a market cap of $183 billion, this may seem like a fairly modestly valued business to invest in, especially given the growth potential it possesses. Monitoring "mu yahoo finance", MU’s quarterly revenue guidance midpoint was lifted to $6.2B, indicating resilience despite macro headwinds like elevated interest rates dampening consumer electronics sales.