Aggressive DCA into Micron Technology on Undervaluation

about 1 month ago

Alex

"Micron trades at a forward PE ratio of just eight, which is much lower than other chip companies like ARM, AMD, and Qualcomm. Even though I just showed you they're growing much faster. So my plan is to dollar cost average into Micron stock even more aggressively after this insane earnings call. And you can definitely expect Micron to be on my list of stocks to get rich without getting lucky in 2026."

The speaker highlights the undervaluation of Micron Technology (MU) due to its low forward PE ratio compared to peers and its rapid revenue growth driven by AI demand. He expresses strong bullish conviction and outlines his plan to increase his Micron position through dollar cost averaging post a robust earnings call, suggesting the stock is a long-term play with potential significant upside by 2026.

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