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EASYBOY112233
$MU doesn't need more earnings to move higher, It needs December 9
That's when Micron's CHIPS Act buyback restrictions come off, and management has already said it plans to return 100% of its excess cash to shareholders
Street estimates have free cash flow well over $100 BILLION next year. That's a LOT of stock they can buy back
I think the memory trade is far from over and buybacks are the next big demand driver for the stock
Дисклеймер: контент OKX Orbit предоставляется исключительно в информационных целях. Подробнее
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