Forget Nvidia: Micron Is Up 330% in a Year and Still Looks Cheap

Micron (NASDAQ:MU) was once seen as a volatile tech stock that made memory chips, a mundane piece of hardware required by computers that was sometimes in demand, sometimes not. The infamous memory cycle made this stock trade cheaply, since investors were always debating whether or not memory chips were in demand enough to push up prices. Then, you need to take into account the foreign competition. South Korean companies like SK Hynix and Samsung make great chips too. The argument was, why would anyone buy f ...