posted by mark
on Thu, 09/26/2019 - 17:18
Taking a look at the sales, gross margin, operating margin, net income and earnings per share on the attachment, MU is still on a down trend.
It looks like supply is exceeding demand and there is pressure to the downside. The other big factor is their large exposure to China and the tariffs.
While I would like to see an upturn, I'm not seeing it yet. This is sure to affect the other chip stocks' valuations in the near future.
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