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from24/7 Wall St.
23 hours agoAfter Microsoft's Q1 Slide, Are the Bulls Still On Board?
Microsoft's stock is significantly undervalued compared to analyst price targets, despite strong revenue growth and consistent earnings performance.
MORT holds shares in mortgage real estate investment trusts, companies that borrow at short-term rates and invest in mortgage-backed securities or originate real estate loans. The income MORT distributes comes from the dividends paid by the underlying mREITs to their shareholders.
Citi's concern is mainstream DDR5 16GB DRAM prices have fallen 6% since Micron's earnings report, driven by fears that TurboQuant, an algorithm-based memory compression technology, will structurally reduce memory demand. Citi isn't buying it.