I'm fairly well versed at investing but wanted to hear others opinions on this particular stock . It's had a magnificent run over the past year and a half. My holding period just switched to long-term capital gains.
The P/E is 25 and forward P/E is 7.5. They are fully sold out for the year.
I'm trying to figure out whether I should take some profit or just let it run. With this Administration anything can happen on any day which makes me nervous but at the same time I feel like this stock could run until the end of the year and the cyclicality of semiconductors is not upon us at least for another year or so . Anyone with greater insights into this stock or semiconductor cyclicality want to chime in? Appreciate the insights.
MU – Outlook still seems good? Or is the run coming to an end?
byu/danrennt98 ininvesting
Posted by danrennt98
5 Comments
$800
Just forget about it until 2028
There will be threads like this every single day forever, huh
They’re sold out well into next year as well. As long as hyperscalers are still trying to outspend each other, semiconductors are going to do well.
I’m letting mine ride.
I’d probably treat MU as a “trim, not exit” name if the position got big after the run. forward multiple still looks cheap, but semis can re-rate fast once expectations get crowded, especially with how memory cycles tend to turn. Feels like there’s one risk most people are underestimating here.