To be honest, MU performance feels almost surreal and has completely exceeded my expectations. I’ve been holding MU since 2020. Back then, friends urged me to trim my position and rotation into other tech stocks that were performing better at the time, but I stuck to my guns and decided to hold long-term
In my view, MU is one of the few 'hard tech' plays with genuine earnings elasticity, fueled by a perfect storm of 'AI-driven demand + cyclical reversal + supply discipline'
Did you guys catch this wave? What’s your move now?
MU Hitting Back-to-Back All-Time Highs. Are We Going to the Moon?
byu/Simple-Dimension8684 instocks
Posted by Simple-Dimension8684
12 Comments
A director (who was previously a co-CEO of TSM) bought nearly $8M of shares – tad surprising at this point and no guarantee that = stock goes higher, but was interesting to see.
Am long MU and SNDK.
Cash some profits and let’s the rest ride
If you hold a large postion and already up like 3 digits % return.
I would agree with some here to cash in some shares and let’s the rest ride.
Sure, it’s could go up even more but never know in this market… it’s crazy.
And to think about it I bought MU at $12 lol keep going to the moon.
Mooooonnn!!
Congrats on the amazing conviction! Well earned!
MU has had a great run, but after back to back highs I would expect some consolidation. Long term story still looks solid, just depends if you are trading momentum or holding for the cycle.
It will around 430 after the results of next quarter
Its good until it isnt. PUMP the DUMMPP
Bought heavy about a year ago, now I’m holding till 2027 at least, most likely 2028 unless it exceeds 20% of my portfolio. It would need to triple again to reach that though.
Given their earnings based valuation and the constraints of the market it’s plausible.
Literally just dumped like 15K in at the top and now it’s gone lmao. All good, it’s a long term play. I don’t see why it won’t continue onwards a bit higher.
Based on TSMC’s earnings call yesterday, I think we will have a megaboom into 2030 at minimum, probably closer to 2034.
Copper shortages are projected to 2040. When robots come in, and AIoT they will all need local memory as well.
Just trim as it goes up it’s a cyclical and it will bust again. I already sold half my position and have no regrets.