Micron: Breakout Imminent - Ignore The Lumpy FQ2'25 Guidance
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Micron's strong FQ1'25 performance is overshadowed by mixed FQ2'25 guidance, but the market may have overreacted. Despite near-term challenges, Micron is well-positioned for 2025 and beyond, with strong demand and production ramp-up expected.
December 21, 2024 | 2:45 pm
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Micron's FQ1'25 performance was strong, but mixed FQ2'25 guidance has led to market overreaction. The company is expected to benefit from strong demand and production ramp-up in 2025 and beyond.
Micron's strong FQ1'25 results were overshadowed by mixed guidance for FQ2'25, causing a market overreaction. However, the company's position for 2025 remains strong with expected demand and production ramp-up, suggesting potential for stock price recovery.
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IMPORTANCE 80
RELEVANCE 100