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Technology Stocks : Semi Equipment Analysis
SOXX 314.52-0.6%Dec 11 4:00 PM EST

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From: oldbeachlvr12/31/2020 10:58:47 AM
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MU stock is like a skyrocket today. Now up $3.60 at $75.50. This is a 52 week high, and a 19 year high. Only higher price was the 2000 tech bubble. The only news that I can find is a Zacks upgrade from Neutral to Outperform and target price up from $77 to $81. Sold some MU stock two weeks ago and yesterday(my selling yesterday caused it to go up today). I think MU will approach 90 this year (unless the market has a major pullback and stays down), but I needed to put some LT cap gains in 2020 and it was either MU or AAPL. I think that AAPL has further to run than MU in 2021 and long term. You never go broke taking profits in a cyclical stock. Good luck all.
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