$MU looks simply insane. 😳🔥
Two years ago, the company was earning about $2M profit per day.
And now the pace is moving toward more than $500M in daily profit by the end of the year.
That’s growth of about 250x.
And this is where it gets interesting to look not just at the stock price, but at how dramatically the company’s financial performance has changed.
$MU is clearly no longer the same Micron the market saw two years ago.
#MU #Stocks #Investing
Two years ago, the company was earning about $2M profit per day.
And now the pace is moving toward more than $500M in daily profit by the end of the year.
That’s growth of about 250x.
And this is where it gets interesting to look not just at the stock price, but at how dramatically the company’s financial performance has changed.
$MU is clearly no longer the same Micron the market saw two years ago.
#MU #Stocks #Investing