Micron (November)

Following my plan, I made my second purchase in the end of November. This time I decided to invest into Micron, which is one of the very successful software companies. Micron Technology originated in the U.S. and it most well-known for their semiconductor devices.

Micron Technology:

Amount Available: $600 (however, I was willing to spend only around 400 dollars on this company)

Current Price of Micron stocks: $18.27

Price ranger year-to-date: $17.90 - $18.28

P/E ration: $19.24

Number of Shares willing to buy: 20 shares

Amount Spent on Micron: approximately $365

Justification for Purchase: The main reason why I decided to purchase Micron Technology is, it is not only a great corporation that provides high quality technology and makes improvements, but there is also a speculation that their stocks will highly increase in value. Stocks of Micron had been decreasing for the last year, but now their value started to finally rise.

If you are interested in Micron and would like to find more information about this corporation, visit following website: http://www.micron.com/about