Key takeaways
- Micron has become one of the most important stocks in the AI trade.
- On Dec. 9, Micron will once again be eligible to begin buying back its stock.
- Based on Micron's forward price-to-earnings ratio of less than 5, the stock looks very cheap relative to the rate at which the company has been growing earnings.
Micron has been posting stellar sales and earnings growth. The memory chip specialist is on the verge of a major stock buyback and could also deliver significant dividend growth.
See the latest quote, chart and news for MU.
