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- Think It's Too Late to Buy Micron? Here's the 1 Reason Why There's Still Time.
Micron Technology's stock is up about 382% over the past year versus 16% for the S&P 500, yet the article argues it could still hit new highs because much of its future demand is already locked in. Micron has signed 26 long-term take-or-pay agreements covering more than a third of its revenue through 2030, and much of its high bandwidth memory is already sold out for 2027, with CEO Sanjay Mehrotra saying next year's volume commands prices 'much higher than 2026 prices.' The company expects about $61.5 billion in revenue in its current fiscal quarter, up from $54 billion, with an 86% gross margin, and Mehrotra expects supply-demand conditions to be even tighter through 2028 than in 2026. The stock trades at just over 5 times fiscal 2027 earnings estimates, while analysts expect EPS to more than double to $176 in fiscal 2027 and rise 17% to $206 in fiscal 2028. The article acknowledges memory is a boom-and-bust business and the stock is volatile.
- Microsoft Had Its Best Quarter in 28 Years. Is it Too Late to Buy the Stock?
Microsoft shares rose almost 38% in the third calendar quarter, their best quarterly performance since 1998, after a period of worry that AI could displace software services. In fiscal Q4 2026, revenue grew 18% to $90 billion, operating income rose 18% to $40.6 billion, and non-GAAP EPS was $4.74, up 23%. Azure revenue grew 43% and surpassed $100 billion for the fiscal year for the first time, while total cloud revenue reached $59.3 billion, up 27%, with commercial remaining performance obligations of $678 billion, up 84%. Microsoft 365 Copilot ended the period with more than 30 million paid seats, and the company continues investing in AI infrastructure and its Maia custom chips. The author argues the long-term outlook remains strong, with the stock trading at 25.1x forward earnings versus an average of 20.9x for IT stocks.
- Is It Too Late To Buy Shopify Stock?
Shopify (SHOP) shares rose 34.3% over the past three months, versus 2.8% for the S&P 500, after Meta connected its Muse AI agent to Shopify's Shop Pay checkout. The stock trades at 16.7 times sales, against 3.1 for the S&P 500, and at 114.8 times earnings, against 21.9. Operating margin over the past twelve months reached 17.8%, the highest in ten years, while second-quarter 2026 revenue grew 33.7% and merchandise value through merchant stores rose 32%. Management expects third-quarter revenue growth in the low 30s, and free cash flow margin was 18% in the second quarter, though management declined to confirm 20% as a new normal. Shopify reports results for the quarter ended September 30 on November 3, 2026, and the stock fell 40% from its peak in last year's tariff shock, versus 19% for the S&P 500.
- Here's the Bull Case for NVIDIA, Micron, and SanDisk for 2027
NVIDIA CEO Jensen Huang says compute is now revenue, and AI buildout remains supply-constrained heading into 2027. The article highlights NVIDIA (NVDA), Micron (MU) and SanDisk (SNDK) as core suppliers, up 21.8%, 249.77% and 528.07% year to date respectively, and all three pulled back last week. Analyst consensus targets imply about 45% upside for NVDA at $328.72, 56% for MU at $1,555.13 and 46% for SNDK at $2,173. Over the past three months, estimates rose, with NVDA's fiscal 2028 EPS going from $12.7102 to $15.9146 and MU's fiscal 2027 EPS from $150.0075 to $176.6868. A key risk noted is that Micron fell after Chinese rival CXMT advanced a new chip, which could test pricing.
- Micron & SanDisk Stocks Look Oversold: Time to Buy the Dip?
Shares of Micron (MU) and SanDisk (SNDK) fell sharply this week on concerns about competition from China's ChangXin Memory Technologies (CXMT). The article argues the selloff looks overdone, since CXMT's memory-chip advances have not yet proven commercially viable at scale. Micron, which makes DRAM, HBM and NAND, faces more direct pressure from CXMT's DRAM push, while SanDisk, a more concentrated NAND and SSD player, mainly faces YMTC, whose reach is limited by U.S. trade restrictions. Zacks consensus estimates show Micron's fiscal 2027 EPS rising 135% year over year to $177.73, and SanDisk's EPS could more than triple from FY26 levels to $213.31.
- Micron Technology ( NASDAQ : MU ) Shares Up 1 . 9 % – Still a Buy ?
Micron shares rose 1.9% on Thursday, trading as high as $931.65 and last at $931.24, on volume of 38,262,255 shares, below the average of 41,195,492. Supporters point to tight memory supply and strong AI demand, with management expecting supply constraints could persist through 2028, after fiscal fourth-quarter revenue of about $54.2 billion beat the top of its outlook. The company also has a $35 billion share repurchase authorization and pledged $50 million to U.S. memory research. Several analysts see the recent retreat as a buying opportunity, but the article flags risks from CXMT's progress in DDR5 and server memory, possible industry oversupply later this decade, and broader pressure on AI stocks from inflation and possible rate hikes. A senior executive sold 6,328 shares on October 14, and the consensus rating is 'Moderate Buy' with a target of $1,407.88.
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TRX Gold will present at Red Cloud's Fall Mining Showcase 2026, an in-person conference at the Omni King Edward Hotel in Toronto on October 28 and 29, 2026. Stephen Mullowney is scheduled to present on Thursday, October 29, 2026 at 12:00 PM Eastern. The release describes the company as a gold producer advancing the Buckreef Gold Project in Tanzania, which includes an established open pit and a 2,000 tonnes per day plant. The May 2025 PEA outlines average annual gold production of 62,000 oz over 17.6 years.
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