JUMP REPORT

MICRON TECHNOLOGIES (MU)

EARNINGS RELEASE - JUNE 29 (AMC)

EARNINGS EXPECTATIONS:  

     THIS QTR:   EPS:      .77/share     REV:  5,310/M
___________________________________________________________
     LAST QTR:  EPS:       .37/share     ACTUAL:  .45/share  (BEAT)
____________________________________________________________
     NEXT QTR:  EPS:      .81/share     REV:  5,470/M
______________________________________________________
     FULL YR:     EPS:       2.51/Share     REV: 20,750/M
______________________________________________________

*These are the base metrics we will be watching against the actual release numbers
__________________________________________________________________

BEAT/MISS RECORD:  59% OF THE TIME THEY BEAT ESTIMATES

PRIOR ‘JUMP ZONE’ MOVES (LAST 3 QTRS %) 7.64, 4.24, -11.7

EXPECTED JUMP MOVE:  7-9%

——–

*** With market volatility at extremes there is greater risk in trading these events which may not react as they would under normal market conditions. Please take extra caution before trading. 

Links To Latest News and Headlines

16 Jul, 2020 @ 14:48 by Yahoo! Finance

Rumors have begun to swirl about the number of next-generation PlayStation consoles Sony plans to manufacture. The latest suggests that, because of the pandemic, the number will double.

BOISE, Idaho, July 14, 2020 — Micron Technology, Inc. (Nasdaq: MU), today announced a comprehensive enablement program which will provide early access to technical resources,.

The conversations below are excerpted from our recent Midyear Roundtable, published on July 10. The acceleration of cloud computing and working from home is playing into the hands of (MU) [ticker: MU], which makes DRAM and NAND memory chips. The DRAM industry has consolidated into several big players.

Citi Research analyst Christopher Danely said investors should bet against Intel and buy Qualcomm stock.

Looking for stocks to buy? Get analysis of large-cap stocks like Amazon, Alibaba and Dow Jones stocks GE and Microsoft to see if it's time to buy — or sell.

StockJumpers analysis and trade plans are uploaded generally 1 HOUR BEFORE MARKETS CLOSE (3PM EST) for most events.

“I’m sorry, this content is for members only. To access this content, you must log in with your membership credentials – OR if you are not a member yet, visit our registration page here and get signed up  Looking forward to having you on-board ASAP”

There is a significant amount of data behind the scenes involved in the analysis and trade plan tab above, that does not get put into the report. Too much information for traders often confuses things – so this is stripped down to only what is needed to make the best possible decision(s) on trading the trajectory. 

Members who are too busy to manual trade can use Trade Assist. For more information visit here

Avg Daily Volume: 443,239    Market Cap: 3.44B
Sector: Services    Short Interest: 2.7

Ticker delayed 20 minutes

JUMP BACK

NOTICE: All data on this site has been published for informational and educational purposes only and does not constitute an offer to sell nor a solicitation of an offer to buy any security which may be referenced here or in our websites. StockJumpers is not an Investment Adviser and relies on the publisher’s exemption as defined in Section 401(f) of the Uniform Securities Act, and provides no personal advice or recommendations. The services and published information contained herein is for non-commercial, educational use and display. StockJumpers and any of its affiliates does not represent that the securities or services discussed are suitable for any investor. You should assume that StockJumpers and or its management has or will take a position in the stock, whether it is stated or not. You are further advised not to rely on any information contained in this report and associated websites in the process of making a fully informed investment decision. Trading is risky and you can lose your investment. For the complete risk disclosure and other legal information please review the full Terms of Use Agreement.