This Week's Best Chip Stock Trade: Micron Technology
Markets have continued to grind upward despite the short-lived Israel-Iran war, the Fed’s pause on interest rate cuts and what feels like seemingly bearish headlines every day.With stocks determined to keep climbing, albeit slowly, I looked for a company that will have strength going forward, and landed on semiconductor giant Micron Technology Inc. MU.With the chip and AI rally showing no signs of slowing down, Micron seems set to benefit. At the same time, the stock has not been rising as astronomically fa ...