Buy the Momentum: Why Micron's Parabolic Run Can Still Climb
Micron has ripped higher on AI-driven DRAM and NAND demand, and while the move is parabolic, the company’s fundamentals, cash generation and low leverage leave room for continuation. This is a tactical long trade: enter near $900, stop at $760, target $1,050 over a mid-term (45 trading days) horizon. Manage size — the trade is high-risk but offers …