In a market made up of stocks, Micron Technology (NASDAQ:MU) is one known to march to the beat of its own drummer. But in today’s market, is now a better time to buy, sell or hold off on MU stock? Let’s explore what’s happening off and on the price chart, then offer a risk-adjusted determination aligned with those findings.
Despite a punishing novel coronavirus detour earlier this year, 2020 has turned into a standout year for the Nasdaq Composite index. On the back of influential and dazzling rallies in Apple (NASDAQ:AAPL), Tesla (NASDAQ:TSLA), Amazon (NASDAQ:AMZN), Nvidia (NASDAQ:NVDA) and others, the index has soared to new highs and returned more than 23%.
No doubt investors can thank the Nasdaq’s strong gains to both a loose-handed, generous Fed