|Bid||67.06 x 1100|
|Ask||67.06 x 1100|
|Day's range||65.90 - 67.68|
|52-week range||65.67 - 98.45|
|Beta (5Y monthly)||1.18|
|PE ratio (TTM)||8.45|
|Earnings date||28 Jun 2022 - 04 Jul 2022|
|Forward dividend & yield||0.40 (0.58%)|
|Ex-dividend date||08 Apr 2022|
|1y target est||110.42|
Technology stocks have been down in the dumps in 2022 -- evident from the 31.7% decline in the Nasdaq-100 Technology Sector index so far -- which means that there is a terrific opportunity for investors to buy some top companies on the cheap right now. Micron Technology (NASDAQ: MU) and Roblox (NYSE: RBLX) are two tech stocks that are available at attractive valuations right now following their horrid performance on the market this year. Micron Technology stock has shot up roughly 1,100% over the past decade, driven by healthy growth in the company's revenue, margins, and earnings.
Two months ago, computer memory maker Micron (NASDAQ: MU) reported its financial results for fiscal Q2 2022, and the news was incredible -- sales were up 25% year over year, and net profits more than tripled. Three weeks ago, semiconductors specialist Advanced Micro Devices (NASDAQ: AMD) reported some earnings of its own, and again the news was great -- sales up 71% and profits rising 42%. Heading into earnings day, Nvidia stock is down 5.3% at 11:10 a.m. ET Tuesday, and investor worry is beginning to bleed over into other tech stocks.
Intel and Micron are trading at attractive valuation levels.