Angelo Zino, CFRA Research senior VP, explains why Micron Technology maintains a ‘buy’ rating.
Angelo Zino from CFRA Research discusses the sustained positive outlook for Micron Technology, backed by robust average selling prices. He explains that the company’s 86% gross margins and strategic deals signal continued growth in the memory market. This shift towards higher-value offerings positions Micron for long-term margin expansion and potential stock buybacks.
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