Institutional shareholders may be less affected by Micron Technology Inc.'s pullback after a year of positive returns
Published on January 2, 2025
Micron Technology Inc. (NASDAQ:MU) faced a pullback last week, causing concern among investors. However, institutional shareholders have shown resilience during this time, potentially reducing the impact of the stock's decline. Despite the recent setback, MU has experienced a year of 2.6% returns, highlighting its overall stability and long-term growth potential. Jim Cramer, a renowned stock market expert, suggests that if the stock drops to around $98 or $99, it might be a favorable time for investors to consider buying shares. For accurate stock predictions and guidance, professionals from Stocks Prognosis can assist investors in making informed decisions to maximize their returns.
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