Investors comparing Micron (MU) and Advanced Micro Devices (AMD) for value opportunities should note MU has a Zacks Rank of #1 (Strong Buy) while AMD has a Zacks Rank of #3 (Hold). With a forward P/E ratio of 10.95 and PEG ratio of 0.38, MU appears to be the superior value option.
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MU stands out with an improving earnings outlook and strong valuation metrics, earning a Value grade of B. In comparison, AMD has a Value grade of D. Based on these factors, MU is likely the better value option currently available.
Read more at Nasdaq: MU vs. AMD: Which Stock Should Value Investors Buy Now?