Author argues Micron's elevated PE and temporary memory pricing power will lead to an ugly fall when cyclical conditions turn.
MU — AVOID Micron's PE is unusually high versus its historical sub-10 commodity-like valuation. The current memory price bump and pricing power are temporary cyclical factors. When the memory cycle turns, the stock is likely to fall sharply. The author does not specify a catalyst timing.
Have you ever seen micron PE as high as it is today ?! It used to trade at less than 10 because it’s a commodity . They are getting a memory bump and price power but boy once they fall it will be ugly
This Reddit post, published January 02, 2026, features u/cramerrules discussing MU. 1 trade idea extracted by AI with direction and confidence scoring.
Speakers: u/cramerrules · Tickers: MU