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For my latest stock, I took a look at Micron Earnings $MU Stock. Darth Bear got 2Pts, while Bull Solo got 5Pts! MU is a strong company with a healthy balance sheet!
Darth Bear Points
1)When comparing Q1 20' vs. Q1 19', there was a decrease in sales in all segments (Compute, Mobile, Storage, and Embedded) of the revenue. Total revenue was down ~35%
2) Outlook for Q2 2020(EPS of $0.35 +- $0.06) is still lower than Q2 2019 (EPS of $1.42).
Bull Solo Points
1)MU beat earnings and revenue!
2) The company is working on projects for the future, Upgraded version of their current products + the purchase of new AI Company will help them work with AI customer needs.
3) The company has a strong shareholder return, buying shares every quarter with Annual free cash flow + buying back senior convertible note to reduce dilution count.
4) Balance Sheet is looking good! It has more cash than the total debt, which is always a great thing. Continuously paying down its debt.
5) Analyst Estimate Future EPS and revenue is growing for the next two years. Giving MU Forward P/E ratio of about ~11, If this is the bottom, then these are great numbers.
$SPY $AMD $SOXL
For my latest stock, I took a look at Micron Earnings $MU Stock. Darth Bear got 2Pts, while Bull Solo got 5Pts! MU is a strong company with a healthy balance sheet!
Darth Bear Points
1)When comparing Q1 20' vs. Q1 19', there was a decrease in sales in all segments (Compute, Mobile, Storage, and Embedded) of the revenue. Total revenue was down ~35%
2) Outlook for Q2 2020(EPS of $0.35 +- $0.06) is still lower than Q2 2019 (EPS of $1.42).
Bull Solo Points
1)MU beat earnings and revenue!
2) The company is working on projects for the future, Upgraded version of their current products + the purchase of new AI Company will help them work with AI customer needs.
3) The company has a strong shareholder return, buying shares every quarter with Annual free cash flow + buying back senior convertible note to reduce dilution count.
4) Balance Sheet is looking good! It has more cash than the total debt, which is always a great thing. Continuously paying down its debt.
5) Analyst Estimate Future EPS and revenue is growing for the next two years. Giving MU Forward P/E ratio of about ~11, If this is the bottom, then these are great numbers.
$SPY $AMD $SOXL