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Micron Technology is set to deliver outstanding growth thanks to AI. Here's why it's a no-brainer buy

The Motley Fool
Summary
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73% Informative

Micron Technology ( NASDAQ : MU ) stock has made a sharp move higher over the past couple of months .

Micron is on track to deliver outstanding growth in its revenue and earnings, driven by the terrific demand for the company's high-bandwidth memory chips.

The company's Q3 guidance calls for $8.8 billion in revenue at the midpoint of its fiscal 2025 third-quarter results after the market closes on June 25 .

The stock's attractive valuation makes it a no-brainer buy going into its earnings report.

The Motley Fool Stock Advisor analyst team identified what they believe are the 10 best stocks for investors to buy now and Micron Technology wasn’t one of them.

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 $ 669,517 !.

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English

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46

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short-lived

External references

8

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