Analysts Highlight 3 Value Stocks with 15%+ Upside Potential
Micron Technology (MU) leads this week's value stock picks, with analysts projecting a 30.14% upside to its $153.85 price target. The memory chipmaker's P/E ratio of 21.01x sits 17.6% below the tech sector median, signaling potential undervaluation.
Value investing strategies gain traction as market volatility persists. Screening for low P/E ratios relative to historical and industry benchmarks remains a cornerstone approach. Micron shares gained 2% following a significant investment announcement.