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Hot technology trend should benefits this stock, says Cramer

Micron Technology - A Different Company In 2014, Worth The Investment Now

(Click for video linked to a searchable transcript of this Mad Money segment) Investing in technology stocks can seem so complicated. Cramer likes to keep it simple. And he believes the simplest thing any investor can do is identify trends that should generate momentum for some time to come and then determine which companies are best positioned to leverage the trend. Cramer thinks one of the biggest trends in tech today is the touchscreen. In fact, Cramer believes the new touchscreen technology has become so appealing and easy to use that he thinks it could help renew interest in PC's. Read More: Cramer Old Tech, New Favorite And if any company stands to benefit from the touchscreen trend, Cramer thinks its Cypress Semiconductor due to its TrueTouch technology. "They're behind the touchscreen chips in countless non-Apple products," Cramer explained. Image Source | Getty Images That alone sounds like a big reason to be bullish on Cypress, but as it turns out, it's not the only reason Cramer likes this stock. "They also sell what are known as programmable systems on a chipthese are small, low power semiconductors used in all kinds of devices, especially phones and tablets," he said. With gadgets becoming more popular in the developing world, Cramer thinks this stock stands to benefit.
For the original version including any supplementary images or video, visit http://www.cnbc.com/id/100900155

Micron is involved in both NAND and DRAM storage. NAND storage type is primarily used in main memory servers, memory cards, USB flash drives, and solid-state drives for storage or transfer of data. Dynamic random-access memory (D.R.A.M.) is a type of random access memory that stores each bit of data in a separate capacitor within a circuit, in products like mobile phones and tablets, personal computers, and video game consoles. Profitability reaches its peak in the enterprise area of Micron's flash business. Micron is running on a revenue basis somewhere around 80 to 85 percent client, and 15 to 20 percent enterprise. As of right now, there is not enough NAND capacity to store even 20 per cent of the data people are generating, a staggering figure. The advantages of this technology will continue to drive enterprises to transition to flash memory or NAND from traditional disk drive technologies, and Micron will continue to be a key player in this space. The acquisition of Elpida shows the strength of the finance team at Micron Technologies.
For the original version including any supplementary images or video, visit http://seekingalpha.com/article/1553872-micron-technology-a-different-company-in-2014-worth-the-investment-now

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