/biz/ - Business & Finance

>>49548681
>>49548693
Someone give me the bear case for this shit
At 30% growth over 5 years that comes out to 270% increase in earnings which is nearly 4x
At that point P/E would be at around 1.25 and a high growth tech company with great balance sheet should be at least 20x earnings by the time we resume a bull market which means about 16x return from current prices (even more if it pulls back to fill the gap at $58 first). By that point Micron is either $1000 or they do a stock split on it. So a fairly safe 15-16x over 5 years.