i agree. the lowest price target for MU is like 40% higher than current prices. the edging down for futures EPS by a few percentage points does not concern me.
Sorry I believe that Micron analisys has been too much simile. Micron has all order already booked for 2024 and 2025. How is it possible that it will revise its revenues and profits downwards ?
Thanks Professor! Micron’s Board of Directors had initially authorized a stock repurchase program back. I think this is a good news for investors like us.
Thx for the video., looks like a buy to me. 24 Q3 +50% data center rev YOY + 45% total rev YOY 27->16% gross margin, 47->39% op income loss YOY -21% op expenses YOY Gaining share in high-margin products like High Bandwidth Memory (HBM), and data center SSD revenue hit a record high, demonstrating the strength of AI product portfolio across DRAM and NAND
Buy some more and average down. I started buying when it was 108. and stoped when it was 132. My average is 118 When it hit 155 I felt I might not get to buy at those sub 100 prices it had before taking off but now I’m exacted to buy again. Trimmed my Nvidia and Tesla ( for profit) and waiting for low 80s to buy some. If it goes lower I’ll add some more. MU is so dominant in the industry that there is no way Nvidia or any software giant will grow without pushing MU higher. Now, if we hit recession or something crazy happens politically over there, it might be a while. Then again, I was stuck in Nvidia for a couple years and then boom…to the moon and it more then made up for it. Nothing like you stock quadrupling in value. This is why I have trading account separately from investment. Keeps me from making long term regrets.
Hey don't stress i bought 25k @ 130 now down abit but just DCA'ing in dont think about it too much its not a loss till you sell :). Also ive noticed that when NVDA beats earnings the price also moves up
@@jackjameson1075 That’s another thing, people don’t have an entry strategy. Then they spend months stressed about a position being down. I’m not a believer of “buy it and forget about it” and I can go on a rant about people claiming that managing position is somehow equaled to “timing the market”. They usually quote people giving them that advice, who ironically themself spent their whole life “managing” investments. There is a difference between panic selling and Market re-positioning when there is a compelling evidence that your money will earn you nothing for an extended period of time. “You haven’t lost till you sell” is another myth. I sold the reminder of my Tesla position (having sold most of it for profit at its ridiculously expansive price tag close to 400 before that) when at around 280 having lost a bit. If I was still in it I wouldn’t be able to gain profit of putting that money in Nvidia and other stocks that gain me as much as I would have if my Tesla stock went back to 400. So yes you do loose even when not selling if you could have invested someplace else and gain profit in the time that it took your down position to recover. You need to be sure the “loss” is temporary enough to justify remaining in position. Also, have a stop limit (in mind) regardless. Don’t go down with a ship. BS invents can happen to any investment. Put your money elsewhere to earn profits till and when that stock shows sign of recovery. I do recommend physical stop loss too, particularly on shorter term investments. Times have changed and market responds in hours that 50y ago took weeks. The banks going under last year made even the biggest “old timers” in investor sector having demented that regulatory bodies have to react faster. Learn from you loss and mistake and it won’t be a “loss” in a long term than.
Server and computer business are notorious for its razor thin profit. Hence, I always stay away from this sector. NVDA stock had been dull for many years as a PC graphic card manufacturer until it repositioned itself as an AI company.
so today they announce stock buybacks will continue, and the stock cannot even hold a 2% gain ??? i like MU here, but man it is getting zero love from the market. the SMCI revenue guidance as well as AMD's earnings should have been a decent catalyst for it...
@@darrenhere5856 lower margins for one company might be mean lower margins for all. They’re discounting to attract customers. I’m assuming MU is in the same boat.
Thanks. I do feel MU is attractive at current levels for long term. Can you revisit SMCI post earnings.
Thanks Parkev - what's the target price for Micron by end of 2024 in your view please ?
i agree. the lowest price target for MU is like 40% higher than current prices. the edging down for futures EPS by a few percentage points does not concern me.
Been the same for PayPal for years. Some stocks are overvalued by analysts and not favoured by the market.
Please update your feedback about SMCI after earnings.
Sorry I believe that Micron analisys has been too much simile. Micron has all order already booked for 2024 and 2025. How is it possible that it will revise its revenues and profits downwards ?
I noticed you blocked out your price prediction for Micron did you update it or ??
Thanks for the update
No problem 👍
Thanks!
How do you feel about smci after earnings
Yes please do super micro
Hello Parkev. Thanks for the tremendous work you do. What do you think of Qualcomm?
SMCI please
Thank you for this video
My pleasure
Thanks Professor!
Micron’s Board of Directors had initially authorized a stock repurchase program back. I think this is a good news for investors like us.
I did buy a few more shares at $90 but I focused more on the Vaneck ETF the past week. I think it’s a safer bet than most of these stocks.
Good analysis thx
You're welcome
Love the look with shirt ❤
SMCI is @ usd524/-. More free fall is expected? We wait more to buy it at further less price?
I think is opportunity i bought some today
Thx for the video., looks like a buy to me.
24 Q3 +50% data center rev YOY + 45% total rev YOY
27->16% gross margin, 47->39% op income loss YOY -21% op expenses YOY
Gaining share in high-margin products like High Bandwidth Memory (HBM), and data center SSD revenue hit a record high, demonstrating the strength of AI product portfolio across DRAM and NAND
May i know the entry price or DCA price target?
Hey parkev could you do a video on Novo Nordisk perhaps? They just came out with their Q2!
Is not the current estimate on EPS trend the .10% carry trade japanese?
I bought 4000 . Worth. Bret the stockpicked says it's gonna Jump whe. Nvda puts out earnings at the end of the month.
Pls do smci review
Smci pls!!
Bought it at 132 😢 it’ll ages to reach pass that 😢😢
Buy some more and average down. I started buying when it was 108. and stoped when it was 132. My average is 118
When it hit 155 I felt I might not get to buy at those sub 100 prices it had before taking off but now I’m exacted to buy again. Trimmed my Nvidia and Tesla ( for profit) and waiting for low 80s to buy some. If it goes lower I’ll add some more.
MU is so dominant in the industry that there is no way Nvidia or any software giant will grow without pushing MU higher.
Now, if we hit recession or something crazy happens politically over there, it might be a while.
Then again, I was stuck in Nvidia for a couple years and then boom…to the moon and it more then made up for it. Nothing like you stock quadrupling in value. This is why I have trading account separately from investment. Keeps me from making long term regrets.
Hey don't stress i bought 25k @ 130 now down abit but just DCA'ing in dont think about it too much its not a loss till you sell :). Also ive noticed that when NVDA beats earnings the price also moves up
@@jackjameson1075 That’s another thing, people don’t have an entry strategy. Then they spend months stressed about a position being down.
I’m not a believer of “buy it and forget about it” and I can go on a rant about people claiming that managing position is somehow equaled to “timing the market”. They usually quote people giving them that advice, who ironically themself spent their whole life “managing” investments.
There is a difference between panic selling and
Market re-positioning when there is a compelling evidence that your money will earn you nothing for an extended period of time.
“You haven’t lost till you sell” is another myth.
I sold the reminder of my Tesla position (having sold most of it for profit at its ridiculously expansive price tag close to 400 before that) when at around 280 having lost a bit. If I was still in it I wouldn’t be able to gain profit of putting that money in Nvidia and other stocks that gain me as much as I would have if my Tesla stock went back to 400. So yes you do loose even when not selling if you could have invested someplace else and gain profit in the time that it took your down position to recover.
You need to be sure the “loss” is temporary enough to justify remaining in position. Also, have a stop limit (in mind) regardless. Don’t go down with a ship. BS invents can happen to any investment. Put your money elsewhere to earn profits till and when that stock shows sign of recovery. I do recommend physical stop loss too, particularly on shorter term investments.
Times have changed and market responds in hours that 50y ago took weeks. The banks going under last year made even the biggest “old timers” in investor sector having demented that regulatory bodies have to react faster.
Learn from you loss and mistake and it won’t be a “loss” in a long term than.
SMCI and Micron my two worst performing stocks. 😤
May god help you 😐 it’s going down more
Me as well 😐
@@hussainalmomen3234 still ready to buy more 🤒
@@karim.fanari I will start buying @ 400 ish
Give it time…
He is focusing on micron - not smci.
SMCI is actually starting to look more attractive from a valuation standpoint after this dip. I might buy it I had more cash on hand.
Why is everyone trying to figure why MU is down ? Nobody knows it for fact All the UA-camr were wrong since the last earnings
Server and computer business are notorious for its razor thin profit. Hence, I always stay away from this sector. NVDA stock had been dull for many years as a PC graphic card manufacturer until it repositioned itself as an AI company.
so today they announce stock buybacks will continue, and the stock cannot even hold a 2% gain ??? i like MU here, but man it is getting zero love from the market. the SMCI revenue guidance as well as AMD's earnings should have been a decent catalyst for it...
The reccesion fears run deep
The whole sector is getting clobbered, that’s what happens when the market shifts towards a bearish sentiment. It’ll reverse soon.
SMCI was down after earnings. Why would MU be up because of it?
@@geolykos point being every server, workstation built has MU components inside and companies are increasing rev guidance
@@darrenhere5856 lower margins for one company might be mean lower margins for all. They’re discounting to attract customers. I’m assuming MU is in the same boat.
Uber please
Too much simple
My average price is 130 😅
THERES A REASON FOA ALL THE STOCKS ARE CRASHING CAUSE EVERYONE IS SHOOTING BLANKS.