Micron: Why Now Is the Time to Be Brave

Micron Technology Inc NASDAQ: MU shares have been struggling to catch their breath after a sharp 25% drop over the past week. The selloff followed a tough earnings report and broader market jitters as the Fed dampened expectations for a rate cut. Stocks, in general, have had a rough end to the year, but Micron's drop stands out. The stock is now trading near a solid line of support, back at levels not seen since early 2021. For those of us on the sidelines, it's tempting to see this as a golden entry opport ...