This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

10 Tech Stocks With Big Upside: Analysts

10. Micron Technologies (MU - Get Report) is a provider of advanced semiconductor solutions.

For the second quarter of 2011, Micron's revenue stood at $2.3 billion compared to $2 billion for the second quarter of fiscal 2010.

Gross margin was 19% in the second quarter of fiscal 2011, down from 23% in the first quarter of 2011, attributable to lower average selling prices.

Net income stood at $72 million, compared to $365 million in the second quarter.

Capital expenditure for the second quarter of fiscal 2011 was $840 million. During the quarter, the company completed the acquisition of the remaining stake in TECH through two cash transactions worth $159 million. The company's cash and short-term investments were $2.2 billion and cash flows from operations for the quarter stood at $809 million. The stock trades at 10 times its estimated 2012 earnings and is expected to deliver 25% return over the next one year.

2 of 11

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
RDA $18.45 3.71%
AAPL $124.75 0.00%
CCIH $11.54 0.00%
CSCO $27.92 0.00%
GOOG $524.05 0.00%


DOW 17,826.30 -279.47 -1.54%
S&P 500 2,081.18 -23.81 -1.13%
NASDAQ 4,931.8150 -75.9760 -1.52%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs