Home / Tech & Systems / Active Broker’s Choice: Micron Technology, Inc. (NASDAQ:MU), Adobe Systems Incorporated (NASDAQ:ADBE)

Active Broker’s Choice: Micron Technology, Inc. (NASDAQ:MU), Adobe Systems Incorporated (NASDAQ:ADBE)

Micron Technology, Inc. (NASDAQ:MU) [Trend Analysis] try to make new thrust in street and making different trends, stocks trading ended with 5.15% to $19.18.  Micron Technology, Inc. (MU) executives will present at the following webcasted investor conferences: Tuesday, Nov. 29 at 9:00 a.m. PST, at the Credit Suisse Technology, Telecom and Media Conference in Scottsdale. Wednesday, Dec. 7 at 9:30 a.m. PST, at the Barclays Technology Conference in San Francisco.

Finally to see some strong financial remarks by WSJ over MU performance. Out of the pool of analysts 17 gave their BUY ratings on the stock in previous month as 17 analysts having BUY in current month. The stock was ranked as Underweight by 2 analysts. Majority ranked Overweight from the pool of analysts.

The next year first quarter EPS estimates trend for current period shows $0.18 while one month ago this estimate trend was for $0.17. EPS indicator shows the robustness of the stock and its analysis opens up the clear picture of company’s profitability. On annual basis of EPS, FY 2017 Estimate Trends at current were for $1.61 and for the one month was for $1.60 as compared to three months ago was for $1.33. Whereas, MU received highest price target of 25.00 and low target of 10.00. The stock price target chart showed average price target of 20.55 as compared to current price of 19.18.

The share price of MU attracts active investors, as stock price of week volatility recorded 3.65%. The stock is going forward to its 52-week low with 106.02% and lagging behind from its 52-week high price with 4.64%.

Adobe Systems Incorporated (NASDAQ:ADBE) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it 1.66% to close at $105.81 with the total traded volume of 2.6 Million shares. Finally, analysts shed their light over the ADBE price targets; maintaining price high target of 133.00 while at average the price target was 120.00 in contrast with the current price of 105.81. The price targets are usually acts as the boosters or blasters in the performance of stock. A higher price target would definitely provide confidence to investors during the trading action, consideration given by Wall Street Journal.

So does the rankings given by analysts; let us highlight rankings table and we had 18 analysts recommending BUY ratings for current month and for previous month 18 stands on similar situation; while 7 for the current month as compared to 6 analysts recommending for HOLD from the pool for previous month. While 3 stands at overweight. For the overall, consensus ratings were for Overweight.

The firm has institutional ownership of 89.10%, while insider ownership included 0.10%. Its price to sales ratio ended at 9.82. ADBE attains analyst recommendation of 1.80 with week performance of 1.66%.


About Richard Avery

He is a capital projects manager and process design engineer at a large-cap company. He has renowned MBA degree. Before joining SWR, he was a freelance writer for renounce tech websites. He is currently studying for CFP exam. Interests: Tech stocks, Economic Markets, Blue-chips.

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