Why Jim Cramer Is Bullish on Micron Shares

Jim Cramer is bullish on Micron shares because flash memory demand is still strong.
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TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer is bullish on Micron (MU) - Get Report shares. 'Micro is divided into two companies: flash and DRAM,' Cramer said. 'DRAMs haven't been so great because they're linked to personal computers. The business in flash has tightened. Western Digital (WDC) - Get Report bought SanDisk (SNDK) and Micron has a big flash business.' Western Digital's acquisition of SanDisk was completed in May. Cramer said he likes Micron and he also thinks Western Digital will be able to continue paying its dividend.

At the time of publication, Jim Cramer's charitable trust Action Alerts PLUS held no positions in stocks mentioned.