Why Micron Technology, MakeMyTrip, and Pandora Media Jumped Today

Even though the stock market finally fell from record heights, these three stocks managed to do much better. Find out more about what made them soar.

Jun 11, 2014 at 8:04PM

The stock market finally gave up its positive momentum on Wednesday, falling back as reports from the World Bank suggested that the world economic recovery could face more difficult conditions for the remainder of the year. After the huge advances that stock markets around the world have seen lately, traders were looking for any excuse to take some of the fervor out of the market, and they took full advantage today. However, shareholders in Micron Technology (NASDAQ:MU), MakeMyTrip (NASDAQ:MMYT), and Pandora Media (NYSE:P) enjoyed much better conditions Wednesday, with their respective stocks posting healthy gains.


Source: Micron Technology.

Micron Technology rose 5% after receiving an analyst upgrade. The maker of DRAM memory chips has seen a huge surge recently, after Micron survived a long period of weak demand and oversupply in the memory space. The rise of mobile devices using flash memory as their primary means of data storage has provided a renaissance in Micron's core business, and as long as those devices remain popular, Micron will have the support of an industry tailwind at its back. In particular, as former gluts turn into tighter supplies, Micron might well be able to boost prices on its existing DRAM inventory, making it even more profitable than it already has been.

Indian travel portal MakeMyTrip jumped 10%. Many attributed the climb to news that MakeMyTrip will work with another company to help make its customer reviews more reliable, and gain a stronger reputation among websites and online users. But another reason for the climb is simply that the entire Indian stock market has been performing well lately, as the rise of new Prime Minister Narendra Modi has reinvigorated hopes that India's economic growth could reignite and provide the forward progress Indian citizens and investors have wanted to see for years.


Source: Pandora.

Pandora Media gained 5% even though online-retail giant Amazon.com will release a competing streaming music service in the near future. Long-time Pandora investors will remember quite well hearing similar stories of dark times the last time a major tech player tried to penetrate the streaming-music space, only to find worries about Pandora's imminent demise to have been much exaggerated. Changes in the way that intellectual property laws cover digital music could have a huge long-term impact on Pandora if they come about, but for now, investors are hopeful that Pandora could actually benefit from the attention that a new competitive offering could bring to the service.

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4 in 5 Americans Are Ignoring Buffett's Warning

Don't be one of them.

Jun 12, 2015 at 5:01PM

Admitting fear is difficult.

So you can imagine how shocked I was to find out Warren Buffett recently told a select number of investors about the cutting-edge technology that's keeping him awake at night.

This past May, The Motley Fool sent 8 of its best stock analysts to Omaha, Nebraska to attend the Berkshire Hathaway annual shareholder meeting. CEO Warren Buffett and Vice Chairman Charlie Munger fielded questions for nearly 6 hours.
The catch was: Attendees weren't allowed to record any of it. No audio. No video. 

Our team of analysts wrote down every single word Buffett and Munger uttered. Over 16,000 words. But only two words stood out to me as I read the detailed transcript of the event: "Real threat."

That's how Buffett responded when asked about this emerging market that is already expected to be worth more than $2 trillion in the U.S. alone. Google has already put some of its best engineers behind the technology powering this trend. 

The amazing thing is, while Buffett may be nervous, the rest of us can invest in this new industry BEFORE the old money realizes what hit them.

KPMG advises we're "on the cusp of revolutionary change" coming much "sooner than you think."

Even one legendary MIT professor had to recant his position that the technology was "beyond the capability of computer science." (He recently confessed to The Wall Street Journal that he's now a believer and amazed "how quickly this technology caught on.")

Yet according to one J.D. Power and Associates survey, only 1 in 5 Americans are even interested in this technology, much less ready to invest in it. Needless to say, you haven't missed your window of opportunity. 

Think about how many amazing technologies you've watched soar to new heights while you kick yourself thinking, "I knew about that technology before everyone was talking about it, but I just sat on my hands." 

Don't let that happen again. This time, it should be your family telling you, "I can't believe you knew about and invested in that technology so early on."

That's why I hope you take just a few minutes to access the exclusive research our team of analysts has put together on this industry and the one stock positioned to capitalize on this major shift.

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David Hanson owns shares of Berkshire Hathaway and American Express. The Motley Fool recommends and owns shares of Berkshire Hathaway, Google, and Coca-Cola.We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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