Jim Cramer on Micron: “Wait for it to Come Back Down”

Micron Technology, Inc. (NASDAQ:MU) is one of the stocks Jim Cramer recently answered questions about. A caller asked Cramer’s thoughts on the stock, and he replied: “I like Micron, but it’s just had a parabolic move, and we can’t buy parabolics. We have to wait for it to come back down. I think it’s not that expensive because the numbers for DRAMs are coming up. But I do believe that you have to let that one have a little bit of a break before you jump in there.” Micron Technology, Inc. (NASDAQ:MU) de ...