Micron Stock Surges Post-Earnings

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Micron Technology stock

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Micron stock

The Motley Fool

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Technology

This Top Growth Stock Has Shot Up 43% in a Month. It Can Still Soar Higher

Summary

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78% Informative

Micron Technology stock has made an impressive comeback in the past month after a difficult start to the year .

The memory specialist's earnings are growing at an incredible pace thanks to a big improvement in its margins.

Analysts are forecasting Micron 's earnings will jump by more than 5x in the current fiscal year to $ 6.99 per share, followed by a 57% jump next year .

Micron Technology wasn’t one of the 10 best stocks for investors to buy now.

The 10 stocks that made the cut could produce monster returns in the coming years .

Consider when Netflix made this list on December 17, 2004 ... if you invested $ 1,000 at the time of our recommendation, you’d have $ 644,254 !.

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formal

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English

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