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Why Micron Technology Is a Screaming Buy Right Now

Harsh Chauhan, The Motley Fool
·4-min read
Why Micron Technology Is a Screaming Buy Right Now

Micron Technology's (NASDAQ: MU) consistently solid results have failed to appease Wall Street and investors alike, the stock fell more than 20% over the past six months in anticipation of a crash in memory prices. What's more, the anticipated decline in memory prices that has led investors to sell Micron stock won't be arriving any time soon, as the company is on track to deliver terrific growth in revenue and earnings once again this quarter. This is a huge vote of confidence in the memory market's prospects from Micron, which also indicates that the company's impressive growth is here to stay for the long run.

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