Why Micron (MU) Might be Well Poised for a Surge

Micron Technology has earned a Zacks Rank #1 (Strong Buy) rating due to significant upward revisions in earnings estimates. The company's consensus earnings estimate for the current quarter increased 9.82% over the last 30 days, with full-year estimates rising 11.27%. Analysts expect current-quarter earnings of $38.20 per share (+699.2% YoY) and full-year earnings of $176.61 per share (+133.9% YoY), suggesting continued upside potential for the stock.