“Risk Warning: 5 Stocks to Sell Before It's Too Late”
Micron is near its performance peak with unsustainable margins; taking partial profits is recommended due to potential future demand and supply changes.
But what about one of the most popular companies in the field of artificial intelligence today? It is Micron, a company with a market capitalization of $1.2 trillion. It's hard to look at Micron's charts without being extremely impressed by what's happening in its business.
Let's take a look at operating profit. As you can see, revenue has increased significantly, but what followed? Operating profit and gross profit. This is because the company simply raises prices.
It does not increase the quantity of products it produces, nor the quantity of memory it produces, nor does it increase its costs, but rather it adds this money to its net profits.