Micron Stock Outperforms Broader Market on Strong Earnings and Revenue Growth Forecasts
• Micron (MU) stock recently outpaced the market, gaining 1.15% vs S&P 500's 0.51% • MU earnings per share projected to increase 85.34% year-over-year • Revenue forecasted to grow 42.76% compared to previous year • Zacks Rank system gives MU a Hold rating currently • Semiconductor industry ranked in top 36% out of 250+ sectors based on Zacks methodology