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00:00My favorite stock pick, it's done very well for you. I wanted to give you an update because last
00:05time I appeared it actually had a little bit of a dip. I said it was a buying opportunity,
00:09it's bounced back since then. But when Micron, ticker symbol MU, which is one of the leaders
00:15in the world in memory chips, and of course artificial intelligence has a voracious demand
00:22for memory chips, when they announced their quarter a couple weeks ago everything was kosher
00:28except their revenue guidance for the next quarter, which is the quarter we're in now,
00:32ended August, was only in line with the street instead of better than the street. So the
00:37expectations has gotten high and the disappointment was Micron is only going to grow its sales this
00:44quarter by 90 plus percent. I think that's pretty good, good enough for government work.
00:49So I continue to like Micron. The stock held up very nicely at 50-day moving average support,
00:57which is about 129 bucks. Stock has bounced since then, not much, still buyable, $132 a share today
01:04and I think over the next couple years this stock goes to $200 a share. So not only is it my
01:11favorite AI infrastructure build-out bet, my favorite tech idea.