Diamonds and Dogs


Micron (MU) well positioned for growth going forward. The Dram chipmaker is up 10% following strong earnings and raised guidance for 2022. Micron is well positioned with memory Dram chips found in every major secular growth trend in technology including artificial intelligence, machine learning, cloud computing, 5G wireless, electric, and automated vehicles, the industrial internet of things, and eventually the metaverse.

Pullback in Pfizer (PFE) after making a new 52 week high. The European Commission just exercised its option to buy another 200 million doses of Pfizer's and BioNTech's COVID-19 vaccine for delivery in 2022. In the meantime, Pfizer anticipates FDA approval as soon as this week for their COVID-19 oral pill, Paxlovid. The oral therapy should be another huge commercial success for Pfizer beginning in 2022.

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