Trading Micron's 50% Surge Amid Semiconductor Growth

<a href="https://admiralmarkets.com/analytics/traders-blog/trading-idea-micron-stock-forecast"><picture class="lozad" data-iesrc="https://fxmedia.s3.amazonaws.com/articles/how_to_trade_micron.png" data- data- data-alt="how to trade micron" data-height="330" data-width="720"><source type="image/webp" media="(min-width: 640px)" srcset="https://dqvh7oj3vu3ch.cloudfront.net/720x,webp/fxmedia.s3.amazonaws.com/articles/how_to_trade_micron.png"></source><source type="image/webp" media="(max-width: 639px)" srcset="https://dqvh7oj3vu3ch.cloudfront.net/375x,webp/fxmedia.s3.amazonaws.com/articles/how_to_trade_micron.png"></source></picture></a>Semiconductor chips are one of the most important elements across all economic industries. They are used in everything from cars to appliances and electronic equipment to factories. Supply chain issues over the pandemic caused a huge shortage in chips, affecting global sales in nearly all industries. With the semiconductor market expected to grow double digits this year to reach a record market value, now is an interesting time for semiconductor stocks such as Micron. Keep on reading to learn more about how to trade Micron’s stock price. <table border="1">
<tbody>
<tr>
<td>Stock:</td>
<td>Micron Inc</td>
</tr>
<tr>
<td>Exchange:</td>
<td>NASDAQ</td>
</tr>
<tr>
<td>Symbol for Invest.MT5 Account:</td>
<td><a href="https://admiralmarkets.com/start-trading/contract-specifications/instrument/mu" target="_blank" rel="noopener">MU</a></td>
</tr>
<tr>
<td>Date of Idea:</td>
<td>28 April 2022</td>
</tr>
<tr>
<td>Time Line:</td>
<td>1 – 6 months</td>
</tr>
<tr>
<td>Entry Level:</td>
<td>$76.50</td>
</tr>
<tr>
<td>Target Level:</td>
<td>$115.00</td>
</tr>
<tr>
<td>Position Size for Invest.MT5 Account:</td>
<td>Max 5%</td>
</tr>
<tr>
<td>Risk:</td>
<td>High</td>
</tr>
</tbody>
</table><ul>
<li>The <a href="https://admiralmarkets.com/start-trading/admiral-invest-stocks-and-etfs" target="_blank" rel="noopener">Invest.MT5</a> account allows you to buy real stocks and shares from 15 of the largest stock exchanges in the world.</li>
</ul><div>
<div data-symbol="MU" data-interval="D"></div>
<div>Source: <a rel="noopener" href="https://www.tradingview.com/" target="_blank">TradingView</a></div>
</div>All trading is high risk and you can lose more than you risk on a trade. Never invest more than you can afford to lose as some trades will lose and some trades will win. Start small to understand your own risk tolerance levels or practice on a <a href="https://admiralmarkets.com/start-trading/forex-demo" target="_blank" rel="noopener">demo account</a> first to build your knowledge before investing. <a href="https://admiralmarkets.com/start-trading/contract-specifications/instrument/mu" target="_blank" rel="noopener"><a href="https://admiralmarkets.com/analytics/traders-blog/trading-idea-micron-stock-forecast"><picture class="lozad" data-iesrc="https://fxmedia.s3.amazonaws.com/articles/trade_micron.png" data- data- data-alt="trade micron" data-height="220" data-width="720"><source type="image/webp" media="(min-width: 640px)" srcset="https://dqvh7oj3vu3ch.cloudfront.net/720x,webp/fxmedia.s3.amazonaws.com/articles/trade_micron.png"></source><source type="image/webp" media="(max-width: 639px)" srcset="https://dqvh7oj3vu3ch.cloudfront.net/375x,webp/fxmedia.s3.amazonaws.com/articles/trade_micron.png"></source></picture></a></a><h2 aria-level="1">Why Trade Micron Stock? </h2>According to a <a rel="nofollow noopener" href="https://advisory.kpmg.us/articles/2022/global-semiconductor-industry-outlook-2022.html" target="_blank">survey</a> of 152 semiconductor professionals by KPMG, industry confidence for 2022 is extremely high. 95% of leaders expect company revenue to grow this year with 68% forecasting it will grow 11% or more. Interestingly, this optimism is against the backdrop of 56% of leaders believing there will still be chip shortages well into 2023. Demand is expected to come from wireless communications, automotive and the Internet of Things. In fact, according to an <a rel="nofollow noopener" href="https://www2.deloitte.com/us/en/pages/technology-media-and-telecommunications/articles/semiconductor-industry-outlook.html" target="_blank">analysis</a> from Deloitte, the recent chip shortage of the past few years has resulted in missed revenue of more than $500 billion, highlighting how much demand could be unlocked moving forward. It’s unsurprising then why analysts at JP Morgan and Citigroup have recently put out buy ratings on semiconductor stocks such as Micron – a major player in the semiconductor sector. <a href="https://admiralmarkets.com/analytics/traders-blog/trading-idea-micron-stock-forecast"><picture class="lozad" data-iesrc="https://fxmedia.s3.amazonaws.com/articles/micron_stock_earnings.PNG" data- data- data-alt="micron stock earnings" data-height="351" data-width="1225"><source type="image/webp" media="(min-width: 640px)" srcset="https://dqvh7oj3vu3ch.cloudfront.net/720x,webp/fxmedia.s3.amazonaws.com/articles/micron_stock_earnings.PNG"></source><source type="image/webp" media="(max-width: 639px)" srcset="https://dqvh7oj3vu3ch.cloudfront.net/375x,webp/fxmedia.s3.amazonaws.com/articles/micron_stock_earnings.PNG"></source></picture></a>Source: <a rel="nofollow noopener" href="https://www.tipranks.com/stocks/mu/earnings-calendar" target="_blank">TipRanks</a>, 27 April 2022 Micron is a stock that has consistently reported earnings per share above analyst estimates, as shown in the chart above. In Micron’s most recent <a rel="nofollow noopener" href="https://investors.micron.com/quarterly-results" target="_blank">earnings report</a>, both revenue and profits exceeded analyst expectations with the company also providing a positive fiscal Q3 outlook. Revenue for the next quarter is expected to be in the range of $8.5 billion to $8.9 billion which is higher than the consensus projections of $8.06 billion. Micron’s technology leaders have also announced plans for continued growth in 5G and data centre chips which should help the company’s bottom line. <h2 aria-level="2">Micron Stock Forecast - What do the Analysts Say? </h2>According to analysts polled by <a rel="nofollow noopener" href="https://www.tipranks.com/stocks/mu/forecast" target="_blank">TipRanks</a> for a Micron stock forecast in the last 3 months, there are currently 15 buy, 2 hold and 0 sell ratings on the stock. The highest price level for a Micron stock forecast is $165.00 with the lowest price target at $83.00. The average price target for a Micron stock forecast is $115.94 which represents a near 73% upside from current levels, at the time of writing. <a href="https://admiralmarkets.com/analytics/traders-blog/trading-idea-micron-stock-forecast"><picture class="lozad" data-iesrc="https://fxmedia.s3.amazonaws.com/articles/micron_stock_analyst_ratings.PNG" data- data- data-alt="micron stock analyst ratings" data-height="433" data-width="1235"><source type="image/webp" media="(min-width: 640px)" srcset="https://dqvh7oj3vu3ch.cloudfront.net/720x,webp/fxmedia.s3.amazonaws.com/articles/micron_stock_analyst_ratings.PNG"></source><source type="image/webp" media="(max-width: 639px)" srcset="https://dqvh7oj3vu3ch.cloudfront.net/375x,webp/fxmedia.s3.amazonaws.com/articles/micron_stock_analyst_ratings.PNG"></source></picture></a>Source: <a rel="nofollow noopener" href="https://www.tipranks.com/stocks/mu/forecast" target="_blank">TipRanks,</a> 27 April 2022 <h2 aria-level="2">An Example Trading Idea for the Micron Stock Price</h2>An example trading idea for the <a href="https://admiralmarkets.com/start-trading/contract-specifications/instrument/mu" target="_blank" rel="noopener">Micron</a> stock forecast could be as follows: <ul>
<li data-leveltext="%1." data-font="Calibri" data-list aria-setsize="-1" data-aria-posinset="1" data-aria-level="1">Buy the stock on a break above $76.50 to allow for current volatility. </li>
<li data-leveltext="%1." data-font="Calibri" data-list aria-setsize="-1" data-aria-posinset="2" data-aria-level="1">Target just below the average analyst price target at $115.00. </li>
<li data-leveltext="%1." data-font="Calibri" data-list aria-setsize="-1" data-aria-posinset="3" data-aria-level="1">Keep your risk small at a maximum of 5% of your total account. </li>
<li data-leveltext="%1." data-font="Calibri" data-list aria-setsize="-1" data-aria-posinset="4" data-aria-level="1">Time Line = 1 – 6 months </li>
<li data-leveltext="%1." data-font="Calibri" data-list aria-setsize="-1" data-aria-posinset="5" data-aria-level="1">If you buy 10 Micron shares:
<ul>
<li data-leveltext="%2." data-font="Calibri" data-list aria-setsize="-1" data-aria-posinset="1" data-aria-level="2">If target is reached = $385.00 potential profit ($115.00 – $76.50 *10 shares). </li>
</ul>
</li>
</ul>It’s wise to remember that the share price is unlikely to go up in a straight line and it may even go much further down before it rises, especially considering the recent sell-off in global stock markets. Therefore, be sure to exercise good risk management which is one of the most important aspects of trading successfully. You should always know how much you could potentially lose on a trade and the risks involved. Another factor to consider is the commission as these can eat into your profits. With the Admirals <a href="https://admiralmarkets.com/start-trading/admiral-invest-stocks-and-etfs" target="_blank" rel="noopener">Invest.MT5</a> account you can buy US stocks from $0.02 per share. This means buying 10 shares in Micron stock would result in a commission of $0.20 ($0.02 * 10 shares). There is a low minimum transaction fee of $1. So, the example trading idea above would result in a commission of just $1 overall! <h2 aria-level="2">How to Buy Micron Stock in 4 Steps </h2>With Admirals, you can buy shares in companies like <a href="https://admiralmarkets.com/start-trading/contract-specifications/instrument/mu" target="_blank" rel="noopener">Micron</a> with a low commission of just $0.02 per share and a low minimum commission of just $1 on US stocks. <ol>
<li data-leveltext="%1." data-font="ＭＳ明朝" data-list aria-setsize="-1" data-aria-posinset="1" data-aria-level="1"><a href="https://admiralmarkets.com/signup" target="_blank" rel="noopener">Open an account</a> with Admirals to access the Trader’s Room. </li>
<li data-leveltext="%1." data-font="ＭＳ明朝" data-list aria-setsize="-1" data-aria-posinset="2" data-aria-level="1">Click on Trade on one of your live or demo accounts to open the web platform. </li>
<li data-leveltext="%1." data-font="ＭＳ明朝" data-list aria-setsize="-1" data-aria-posinset="3" data-aria-level="1">Search for <a href="https://admiralmarkets.com/start-trading/contract-specifications/instrument/mu" target="_blank" rel="noopener">Micron</a> at the bottom of the Market Watch window and drag the symbol onto the chart. </li>
<li data-leveltext="%1." data-font="ＭＳ明朝" data-list aria-setsize="-1" data-aria-posinset="4" data-aria-level="1">Use the one-click trading feature, or right-click and open a trading ticket to input your trade size, stop loss and take profit level. </li>
</ol><a href="https://admiralmarkets.com/analytics/traders-blog/trading-idea-micron-stock-forecast"><picture class="lozad" data-iesrc="https://fxmedia.s3.amazonaws.com/articles/micron_chart.PNG" data- data- data-alt="micron chart" data-height="642" data-width="1177"><source type="image/webp" media="(min-width: 640px)" srcset="https://dqvh7oj3vu3ch.cloudfront.net/720x,webp/fxmedia.s3.amazonaws.com/articles/micron_chart.PNG"></source><source type="image/webp" media="(max-width: 639px)" srcset="https://dqvh7oj3vu3ch.cloudfront.net/375x,webp/fxmedia.s3.amazonaws.com/articles/micron_chart.PNG"></source></picture></a>Source: <a href="https://admiralmarkets.com/trading-platforms/webtrader" target="_blank" rel="noopener">Admirals MetaTrader 5 Web</a>. Past performance is not a reliable indicator of future results, or future performance. Click on the banner below to buy Micron stock today! ▼▼▼ <a href="https://admiralmarkets.com/start-trading/contract-specifications/instrument/mu" target="_blank" rel="noopener"><a href="https://admiralmarkets.com/analytics/traders-blog/trading-idea-micron-stock-forecast"><picture class="lozad" data-iesrc="https://fxmedia.s3.amazonaws.com/articles/trade_micron-1.png" data- data- data-alt="trade micron" data-height="220" data-width="720"><source type="image/webp" media="(min-width: 640px)" srcset="https://dqvh7oj3vu3ch.cloudfront.net/720x,webp/fxmedia.s3.amazonaws.com/articles/trade_micron-1.png"></source><source type="image/webp" media="(max-width: 639px)" srcset="https://dqvh7oj3vu3ch.cloudfront.net/375x,webp/fxmedia.s3.amazonaws.com/articles/trade_micron-1.png"></source></picture></a></a><h2 aria-level="2">Do You See the Micron Stock Price Moving Differently? </h2>Remember that all analytics and trading ideas are based on the personal view and experience of the author. If you believe there is a higher chance Micron's share price will move lower, then you can also trade <a href="https://admiralmarkets.com/education/articles/general-trading/short-selling" target="_blank" rel="noopener">short </a>from a CFD (Contracts for Difference) trading account which Admirals also provide. The <a href="https://admiralmarkets.com/start-trading/account-types" target="_blank" rel="noopener">Trade.MT5</a> and <a href="https://admiralmarkets.com/start-trading/account-types" target="_blank" rel="noopener">Trade.MT4</a> account allows you to speculate on the price direction of stocks and shares using CFDs. This means you can trade long and short to potentially profit from rising and falling stock prices. Learn more about CFDs in this <a href="https://admiralmarkets.com/education/articles/forex-basics/what-is-cfd-trading-contracts-for-difference-explained" target="_blank" rel="noopener">How to Trade CFDs</a> article. INFORMATION ABOUT ANALYTICAL MATERIALS: The given data provides additional information regarding all analysis, estimates, prognosis, forecasts, market reviews, weekly outlooks or other similar assessments or information (hereinafter “Analysis”) published on the websites of Admirals’ investment firms operating under the Admirals trademark (hereinafter “Admirals”) Before making any investment decisions please pay close attention to the following: <ul>
<li data-leveltext="" data-font="Symbol" data-list aria-setsize="-1" data-aria-posinset="1" data-aria-level="1">This is a marketing communication. The content is published for informative purposes only and is in no way to be construed as investment advice or recommendation. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and that it is not subject to any prohibition on dealing ahead of the dissemination of investment research. </li>
<li data-leveltext="" data-font="Symbol" data-list aria-setsize="-1" data-aria-posinset="2" data-aria-level="1">Any investment decision is made by each client alone whereas Admirals shall not be responsible for any loss or damage arising from any such decision, whether or not based on the content. </li>
<li data-leveltext="" data-font="Symbol" data-list aria-setsize="-1" data-aria-posinset="3" data-aria-level="1">With a view to protecting the interests of our clients and the objectivity of the Analysis, Admirals has established relevant internal procedures for the prevention and management of conflicts of interest. </li>
<li data-leveltext="" data-font="Symbol" data-list aria-setsize="-1" data-aria-posinset="4" data-aria-level="1">The Analysis is prepared by an independent analyst, Jitanchandra Solanki (analyst), (hereinafter “Author”) based on their personal estimations. </li>
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<li data-leveltext="" data-font="Symbol" data-list aria-setsize="-1" data-aria-posinset="1" data-aria-level="1">Whilst every reasonable effort is taken to ensure that all sources of the content are reliable and that all information is presented, as much as possible, in an understandable, timely, precise and complete manner, Admirals does not guarantee the accuracy or completeness of any information contained within the Analysis. </li>
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Trading Micron's 50% Surge Amid Semiconductor Growth

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