“Sometimes the Opportunity Is Too Great and You Can’t Afford Not to Take It”: Cramer Says Red-Hot Stock Can Double Again
Jim Cramer, a well-known financial analyst, predicts that Micron Technology (MU) stock can double again due to the demand for Artificial Intelligence (AI) and large contracts worth around $100 billion. SanDisk has jumped 653% year-to-date, while memory makers collectively repurchased $25 billion in stock instead of investing in new production capacity.
Cramer's cautious optimism about Micron Technology comes as the analyst who predicted NVIDIA in 2010 has just listed his top 10 AI stocks, but forgot to include Micron Technology.
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