Micron Technology Inc.
) was a big mover last session, as the company saw its shares rise
over 6% on the day. The move came on solid volume too with far more
shares changing hands than in a normal session. This continues the
recent uptrend for the company, as the stock is now up around 19%
in the past one-month time frame.
This semiconductor company has seen one positive revision in the
last one month and its Zacks Consensus Estimate moved higher over
the same time period, suggesting that more solid trading could be
ahead for Micron Technology. So make sure to keep an eye on this
stock going forward to see if yesterday's move higher can turn into
more strength down the road.
Micron Technology currently has a Zacks Rank #3 (Hold) while its
In the Semi-Memory industry,
) is worth considering with a Zacks Rank #1 (Strong Buy). Investors
interested in the broader computer and technology sector may also
consider Zacks Rank #1 stocks like
Mindspeed Technologies Inc.
Pericom Semiconductor Corp.
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