On CNBC's “Halftime Report Final Trades,” Bill Baruch of Blue Line Capital named Micron Technology, Inc. (NASDAQ:MU), saying all the bad news is fleshed out.
On Sept. 16, Morgan Stanley analyst Joseph Moore maintained Micron Technology with an Equal-Weight rating and lowered the price target from $140 to $100.
Micron on Tuesday announced the availability of the Crucial P310 2280 Gen4 NVMe solid-state drive (SSD) which expands Micron's P310 portfolio to address PCs, laptops and PlayStation 5. The company said a version with a heatsink will be released in the coming months, suited for use with PlayStation 5 and desktop gaming PCs.
"Micron's Crucial P310 2280 SSD delivers blazing fast gaming-level speeds, allowing users to do it all faster — from gaming to booting Windows to running multiple creative apps at the same time — without compromising on quality," said Jonathan Weech, senior director of product marketing for Micron's Commercial Products Group.
Shannon Saccocia of NB Private Wealth picked iShares U.S. Real Estate ETF (NYSE:IYR), saying rates are coming down.
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Josh Brown of Ritholtz Wealth Management named iShares U.S. Oil & Gas Exploration & Production ETF (NYSE:IEO) as his final trade. The S&P Energy sector is trading at 10 times forward earnings and one times sales.
Price Action:
- Micron gained 1.8% to close at $88.73 during Tuesday's session.
- iShares U.S. Real Estate ETF fell 0.8% on Tuesday.
- iShares U.S. Oil & Gas Exploration & Production ETF gained 1.8% during Tuesday's session.
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- Cramer: Hewlett Packard Is A ‘Very Inexpensive’ Stock, Likes This Big Tech Stock
Image created using artificial intelligence via Midjourney.
