Reported 1 day ago
As 2024 winds down, Micron Technology and GXO Logistics present strong buying opportunities despite their significant declines from previous highs. Micron has benefitted from booming demand for memory solutions driven by AI but remains 34% below its peak. Meanwhile, GXO, recently spun off from XPO, has seen its stock drop 42% but is expected to rebound as e-commerce grows and supply chain complexities lead to increased outsourcing. Both stocks offer appealing risk-reward scenarios for investors.
Source: YAHOO