《How to Know if a Stock is Cheap or Expensive? Part 2 of 2》
美光科技是周期性股票，估值不确定（范围556-1016美元）；作为长期投资者应避免，但可进行短期交易。
现在让我们看看另一种非常不同类型的股票。一个非常受欢迎的是美光，股票代码为MU。所以如果你看美光，问题是如何估值这只股票？再次，你使用哪种方法？我们能否使用贴现自由现金流方法，这是我最喜欢的？
我们不能，因为这家企业没有持续增加自由现金流或持续增加经营现金流的记录。
Now let's take a look at another very different type of stock. One that's very popular is micron ticker symbol MU. So if you look at micron the question would be how do you value the stock?
Again, which method do you use? Can we use the discounted free free cash flow method, which is my favorite? We cannot because this business doesn't have a history of consistently increasing free cash flow or consistently increasing cash from operations.