MU or AMD: Which Is the Better Value Stock Right Now?

Group 1 - Micron (MU) has a Zacks Rank of 1 (Strong Buy), indicating a positive earnings outlook, while Advanced Micro Devices (AMD) has a Zacks Rank of 3 (Hold) [3] - Value investors often utilize traditional metrics such as P/E ratio, P/S ratio, earnings yield, and cash flow per share to identify undervalued stocks [4] - MU has a forward P/E ratio of 10.68 and a PEG ratio of 0.37, while AMD has a forward P/E of 40.87 and a PEG ratio of 1.52 [5] Group 2 - MU's P/B ratio is 3.24, compared to AMD's P/B of 4.39, indicating that MU is more favorably valued [6] - Based on various valuation metrics, MU holds a Value grade of B, whereas AMD has a Value grade of F [6] - The improving earnings outlook for MU positions it as the superior value option compared to AMD [7]