Aug. 10 at 3:06 AM
$MU I have said for a while NTM EPS will be ~
$180. That said if the gulf opens then I predict
$MU will have NTM EPS of ~
$180. IF the gulf stays closed then I predict
$MU will have NTM EPS of ~
$180. BUUUUUTT if Democrats take control of the house then
$MU will only make about
$180 NTM EPS.
ALMOST nothing will change that
$MU will make about
$180 because most of their revenue and costs are already decided.
$MU trades around 22.2x TTM EPS so in 1 year 22.2x
$180 is
$4000.
the SPY is over priced Burry will do well but if he doesn't cover
$MU then he will be red with in 4 months.
EOY
$3K is my price target for
$MU
To be honest my only position is long
$SKUU.
