MULL: Wait For The Pullback Before Leveraging Micron's Growth GraniteShares 2x Long MU Daily ETF is...

MULL: Wait For The Pullback Before Leveraging Micron's Growth GraniteShares 2x Long MU Daily ETF is rated Hold, reflecting near-term volatility despite Micron's robust long-term growth outlook. MU's growth is underpinned by expanding fabrication capacity, strong memory and storage demand, and management's guidance for sustained pricing power through FY27-28. Market uncertainty, higher interest rates, and technical factors may drive a near-term selling cycle, with MULL potentially declining to $12 before a new upcycle.