The Trend Is Still Your Friend With Micron

Micron has been trending up – but it’s rally still has legs…

This story was originally published here.

Tech names like Micron Technology (NASDAQ:MU) have staged a spectacular recovery since the March market bottom. Along with the Nasdaq generally, the MU stock rebound is proof positive that the technology sector hasn’t been particularly vulnerable to the ravages of the novel coronavirus.

A number of factors make tech stocks attractive now. These include the progress of the 5G network, the Internet of Things (IoT), self-driving vehicles, and wearables. To those we can add the explosion in the gaming market due to lockdowns and shelter-in-place mandates. Plus, the work-at-home trend has brought cloud computing to the forefront of the tech sector.

Directly or indirectly, Micron should continue to benefit from all of these technological innovations. Even with coronavirus concerns not yet quelled, betting against MU stock now wouldn’t be a wise move…

Editor's Note: For the rest of the story, click here.

Stop 5G Smart Antennas Popping Up All Over America

Dear Reader,

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It’s inside all those strange new towers going up all over your town.

But here’s the story almost no one is talking about…

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Signed:
Louis Navellier
Editor, Growth Investor

P.S. If you were with me when I recommended Apple stock early on, a single $5,000 bet could have made you an extraordinary $2.5 million richer over time.

Now that 5G is ready for takeoff, my research suggests we’re staring at an opportunity of this magnitude again — if not even greater.

Click here for the full story.