Micron Technology Inc
MU: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| #^W | LOCK|J% | LOCK|h>#n>J |
Micron Earnings: Pricing Has Shot Through the Stratosphere, With No Signs of Abating Soon
Micron's October-quarter results were strong, and January-quarter guidance was even better. At the midpoints, management is guiding sequentially to 37% revenue growth, 1,120 basis points of gross margin expansion, and 76% EPS growth.
