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SS- MU PE of 4.4 going forward, with

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wadegarret Member Profile
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wadegarret Member Level  Wednesday, 01/03/18 11:45:24 AM
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SS- MU PE of 4.4 going forward, with

DRAM demand expected to out strip supply for the remainder of the year. DRAM prices just went up 9.5% yesterday, and is expected to rise another 10%+ this year. With MU making $10+ in EPS going forward, and no end in sight to the present cycle, seems a very low risk to buy it here in the $44s. I personally see the stock going to $60+ this year.


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