"Phenomenal" Earnings v. Cyclical Concerns: MU Faces Key AI Questions
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The outlook for AI memory stocks remains bullish, according to Yaël Ossowski, who discusses Micron (MU) earnings just ahead of the report. "There's just not enough memory" to power AI demand, says Yaël, who points to "huge opportunities" Micron can use to leverage more pricing power. William Kerwin of @morningstar Wealth has an $850 price target for Micron despite expecting "phenomenal" results. So, why his target is below the current stock price? William thinks "we're in the sixth or seventh inning" of Micron's "cyclical upswing." ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185 Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7 Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch Watch on Vizio - https://ww
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