MacroVoices · Thursday, July 9, 2026
Adam Parker views Micron Technology's stock as potentially undervalued, trading at a low multiple of its peak earnings. He suggests that despite expected volatility in the semiconductor sector, there is significant upside potential in Micron's base and peak earnings, making it a challenging but potentially rewarding investment to time correctly.
“So we did, um, a bunch of work on micron in particular.”
“Kind of came to conclusion that the stock trades around four or five times peak earnings and 10 times normalized earnings right now.”
“And I think that's probably a little bit too cheap.”