Started adding $MU at $322 and recently sold at $1,070.
I think there's a risk of a big pull back tomorrow after earnings even though they will likely beat forecasts and raise guidance.
The problem is that it's already priced in (and then some).
On one hand, the stock seems cheap with explosive growth. Analysts expect EPS to jump to $120.95 in FY 27.
That puts us at a P/E of around 10x
But what happens after that? Do you think there won't be competition/innovation?
Hard to continue owning stocks into earnings with expectations at all-time highs and very positive news built into the price.
Chart from @FASTGraphs