Micron Technology (MU) reported fourth quarter earnings, surpassing expectations on the top and bottom lines. However, the company's weaker-than-expected...
CFRA Research senior industry analyst Angelo Zino and Bloomberg Intelligence analyst Jake Silverman join the Morning Brief to dissect these results and their implications.
Ultimately, though investors are viewing that as a huge disappointment, the stock has been on a tear though since the start of the year and taking a look at those year to day gains up nearly 67% with a deeper dive into these results.And ultimately, what it tells us about the A I excitement we wanna bring in Angelo Zino, he's Cfras, a research analyst along with Jake Silverman Bloomberg intelligence analyst, great to see you and have both of you.
Um So overall, you know, somewhat of a mixed but you know, Mike is kind of trending in the right direction.I mean, the company is talking about being able to drive robust price increases, industry, supply demand conditions continue to improve, rapidly growing A I demand, enabling to grow their revenue by over 50% in this most recent quarter.So overall, I mean, we we believe that the fundamentals remain pretty positive.
This dividend stock is sure to benefit from ongoing cuts in the key interest rate and is already seeing some major opportunities ahead. The post 1 Dividend Stock to Buy if the Bank of Canada Keeps Cutting Rates appeared first on The Motley Fool Canada.With so much excitement around artificial intelligence, this year’s stock market story has been all about technology. But not every tech fund has tech in the name.
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