MU took a 5% hit today with AAPL as it is a big Apple supplier. Apple has had some issues recently about iPhones slowing. Anyway, Micron recently had solid earning reports. Seeking Alpha considers $48.2 a fair market price. Most analysts have put a target of $60+ on Micron. The stock had a 101% growth in 2017. The semiconductors market is going to be a lot more hotter than it was this year. This one is a keeper for 2018! Today is a good opportunity to buy. For risk management, I recommend opening 60% positions now and waiting to open the remaining 40% tomorrow if market conditions are favorable. Trade safe, good luck!
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