Currently $MU is at $47.94 a share and keeps going down
I used to be a fanboy but now I'm thinking it's time to accept that 50% of their sales come from China, they have no moat, and it's a cyclical business with a commodity product.
Whether the above statement is 100% accurate and will doom the company or are just challenges they'll overcome, wall street doesn't care - That's what they think and until that changes this stock is barreling straight to Middle Earth.
I'm curious if A) The stock buy backs will help and B) if MU can make some moves to alleviate wall street's concerns
I also think it's time to MU to consider a dividend to attract investors. What's your thoughts? Do you see Micron proving the doubters wrong, or is this company doomed to stagnate due to its challenges.
Submitted August 15, 2018 at 10:29AM by Urdnought https://ift.tt/2wbawe1
