Jim Cramer on Micron: You Need Flash and DRAM Prices to Go Higher

In order for Micron Technology's (MU) - Get Report estimates to rise, flash and DRAM prices need to rise, according to TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer. 

"Flash has peaked - DRAM, no - but flash has peaked," Cramer noted.

UBS initiated a sell rating on Micron Thursday.

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