We recently published Jim Cramer’s 12 Fresh Stocks & Quantum Computing Trading Strategy. Micron Technology, Inc. (NASDAQ:MU) is one of the stocks Jim Cramer recently discussed.
Courtesy of its role in the global memory semiconductor supply chain, Cramer regularly discussed Micron Technology, Inc. (NASDAQ:MU) in his morning show. He believes that the firm’s CEO, Sanjay Mehrotra, is “non promotional.” The CNBC TV host also remarked in a recent Mad Money episode that Micron Technology, Inc. (NASDAQ:MU) had a “parabolic” move. As a result, he cautioned viewers against buying the shares before they came down. In this appearance, he discussed the firm after Intel’s third-quarter earnings saw CFO David Zinsner discuss a CPU shortage:
“David Zinsner, who’s a fantastic CFO, remember I mean Micron, he’s just a genius. He says listen, supply constraints, supply constraints, supply constraints. Others. . .Micron, will go up again. . . .They all play a role and then I think that even though NVIDIA was mentioned by Lip-Bu, was having one big product with them, NVIDIA gets taken up too. Tour-de-force conference call, people should all listen to. . .But these others, Sandisk, I mean these companies, no one’s talked about Western Digital since I owned 4% of it in 1998.”
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Disclosure: None. This article is originally published at Insider Monkey.