Jim Cramer Predicts Potential Drop for Micron Technology
December 28, 2024 - 02:49
In a recent analysis, Jim Cramer expressed his concerns regarding Micron Technology Inc. (NASDAQ: MU), suggesting that the stock could potentially decline to the range of $98 to $99. Cramer, known for his insights on market trends, indicated that if the stock were to reach this price point, he would consider increasing his investment in the company.
This perspective comes amid a broader evaluation of the technology sector, where Cramer has identified several stocks that he believes are at risk of significant downturns. His commentary reflects the ongoing volatility in the tech market, influenced by various factors including Federal Reserve interest rate policies.
Investors are closely monitoring Cramer's bearish outlook on tech stocks, as his predictions often sway market sentiments. As the landscape continues to evolve, Micron Technology's performance will be pivotal for investors looking for opportunities within the tech industry.
MORE NEWS
May 30, 2025 - 10:34
The Transformation of HR Technology: Embracing AI for Enhanced Employee ExperienceThe landscape of human resources is undergoing a significant transformation as AI-driven technology takes center stage. This evolution is reshaping how organizations approach employee experience,...
May 29, 2025 - 20:57
Evaluating a Career in Technology: The Upsides and DownsidesIs tech a good career path for you? The world of information technology (IT) offers a myriad of opportunities, but it`s essential to weigh both the advantages and disadvantages before diving in....
May 29, 2025 - 14:42
Evaluating the Impressive ROE of Ashtead Technology Holdings PlcOne of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will delve into the noteworthy return on equity (ROE) of Ashtead Technology Holdings...
May 28, 2025 - 18:48
Robotic Technology Revolutionizes Knee Replacement Surgeries in Southern UtahIntermountain Health is leading the way in orthopedic surgery innovation in Southern Utah by introducing robotic-assisted technology for total knee replacement surgeries. This advanced approach...