How To Earn $500 A Month From Micron Stock Ahead Of Q2 Earnings Report
Portfolio Pulse from Avi Kapoor
Micron Technology, Inc. (NASDAQ:MU) is anticipated to release its Q2 earnings with an expected loss of 26 cents per share, an improvement from last year's $1.91 per share loss. Revenue is projected at $5.34 billion. UBS and Baird analysts have updated their price targets for MU to $120 and $115, respectively. The article also explores how investors can earn a monthly income from Micron's dividends, requiring substantial investment for significant returns. MU's stock slightly increased by 0.2% to close at $94.00.
March 20, 2024 | 11:52 am
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Micron Technology, Inc. is expected to show improved quarterly performance in its upcoming earnings report. Analysts have raised price targets, indicating a positive outlook. The company's dividend yield strategy is highlighted for investors seeking regular income.
The anticipation of improved quarterly results compared to the previous year, along with the positive adjustments in price targets by analysts, suggests a bullish outlook for Micron. This, combined with the dividend yield strategy, could attract both growth and income-focused investors, potentially driving up the stock price in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100