1 Artificial Intelligence (AI) Stock to Buy Hand Over Fist Amid the Sell-Off
Micron Technology(MU) The Motley Fool·2024-08-29 20:29
Find out why this overlooked tech stock could be a smart buy despite recent financial challenges. Spoiler alert: Modern AI systems need plenty of this company's products.At first glance, Micron Technology (MU -3.07%) might not look like a slam-dunk buy today.The designer and maker of computer memory chips is not profitable on a trailing-12-month basis. That's true for Micron's free cash flows, too -- they have been negative over the last four quarters. Trailing sales are down 34% from the all-time highs see ...