Find the Upside on this Tech Stock

Tech stocks have been beaten down in 2022. But the upside is likely to be incredible. Sales are still strong and the demand for microprocessors is high. A chipmaker stock could be ideal for your portfolio. You can get a bargain price on Micron (NASDAQ: MU) in this bear market. Micron is a major manufacturer of memory chips, controllers, and storage solutions. It is a major global supplier to a diverse range of industries. Micron products are used in everything from cellphones and personal computers to EVs. Micron currently supplies around 50% of the memory and storage solutions to the automotive market. The high demand for memory and storage devices can keep Micron growing in the long term. As the demand for embedded chips increases, so will the demand for Micron's hardware. There's growth expected for this stock. Tech stocks are undervalued today and should recover after the bear market. The stock closed at $61.53 on Friday. The high-end target of $110.00 suggests a significant upside. Micron is an affordable stock with a lot of potential. It deserves to be in any well-diversified portfolio. Tech stocks are down but that's where the bargains are made. Use these investment strategies to generate wealth and security. The information above is impersonal and does not provide individualized advice or recommendations for any specific reader or individual portfolio. The opinions are our own and we have not been compensated in any way to review the symbols mentioned above.  sponsored ads below We Have The Stock Market Correction Plan For You Many portfolios could take a major hit. Which is why many hard-working Americans like yourself are already looking for a better way to hedge their bets against a stock market correction. 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