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Technology Stocks : Semi Equipment Analysis
SOXX 297.50-2.6%Nov 6 4:00 PM EST

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To: Elroy who wrote (93522)12/19/2024 12:41:08 PM
From: Return to Sender1 Recommendation

Recommended By
oldbeachlvr

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MU is a stock that has sold below book at a number of times in the last 25 years. No one knows what multiple any stock deserves. It's all supply and demand and therefore whatever the market decides is the right multiple at the time.

What we can know is that history tells us things can get much worse and ultimately much better. In the end greed always seems to push these stocks higher. Regardless through the magic of A.I. I have data on MU concerning the price to book value on a historical basis:

macrotrends.net

The last time MU sold below book was late May 2019. It was there for several months in 2016. And for quite some time after the financial crisis.
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