Analyst’s Disclosure: I/we have a beneficial long position in the shares of MU either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
I have a few MU shares and a larger NVDA position in my portfolio. I’m holding both stocks for now due to other considerations like taxes and portfolio balance. Note that my “Sell” rating is not investment advice, it’s based on how the current market price compares to my model’s valuation. I am not trading the stock one way or the other, and I say in the article that I’m uncertain the direction the stock will take in the short term. I have no plans to buy or sell either MU or NVDA in the near future.
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