5 Reasons to Buy Micron, and 1 Reason to Sell
Micron Technology's (NASDAQ: MU) stock rose 3% on March 29 after the memory chipmaker posted its second-quarter earnings report.
Its revenue rose 25% year over year to $7.79 billion, beating analysts' estimates by $260 million. Its adjusted net income jumped 117% to $2.44 billion, or $2.14 per share -- which also cleared expectations by $0.16.
Those headline numbers were impressive, but do they make Micron a compelling investment? Let's review five reasons to buy the stock -- as well as one reason to sell it -- to find out.
Source Fool.com
