When shares of memory maker
Micron (Nasdaq:
MU)
go up, shares of Micron go down, over and over again. Like the broader
consumer electronic device market, the recovery in memory demand is
apparently always one or two more quarters away. Although I'm not all
that interested in joining the fruitless guessing game as to when the
memory market will rebound, I do believe that Micron shares trading in
the mid-single-digits are interesting for investors with a
medium-to-high
risk tolerance.
Read more here:
http://stocks.investopedia.com/stock-analysis/2012/Time-To-Play-The-Micron-Yo-Yo-Again-MU-FIO-AAPL-HPQ0626.aspx
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