How Steve Miller’s view on $MU changed

2026-09-18Bullish

“askSlim Market Week 09/18/26 - Analysis of Financial Markets”

MU has real value after a significant decline due to a low forward P/E of ~6x.

Micron's projected earnings multiple for the next 12 months is about six times. Therefore, they view it as having real value after it has experienced such a significant decline.

Watch the source19:40

2026-09-07Bullish

“REPLAY - US Stock Market SPX & NDX Cycle & Chart Analysis With Projections”

MU is undervalued on a forward basis (P/E ~6) with strong bullish momentum; it could rise significantly (e.g., to $1,000).

Now, if you look at the valuations, the market is insanely rated when I look at the market as a whole. When you look at a company like Micron, it is currently trading at 21 times earnings.

Looking at future earnings, it is trading at a P/E ratio of only about 6 due to earnings expectations for the next quarter and early next year.

Watch the source01:55

2026-09-05Bullish

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2026-09-05Bullish

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2026-09-04Bullish

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