1. Added to my Micron position as the stock recently broke below $100 and upgraded my rating to a strong buy ahead of earnings. 2. Micron Technology will report FQ4 results on September 25. 3. Read-through from companies like Western Digital and Best Buy suggests strong memory market fundamentals and healthy end-customer demand for phones and computers. 4. MU stock trades at a 10x forward P/E multiple, making it a value buy compared to the S&P 500's ~20x multiple.
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