Micron Technology Stock Before Earnings: Buy or Sell?
Micron Technology (NASDAQ: MU) has been battered badly on the stock market in 2022, with share prices of the chipmaker down 37% so far despite a string of impressive quarterly results and its terrific growth.
Investors, however, will be hoping for a turnaround in the memory specialist's fortunes when it releases its fiscal 2022 third-quarter earnings report on Thursday, June 30. But will Micron be able to deliver better-than-expected results? More importantly, will Micron's guidance be solid enough to trigger a rally in the stock? Or should investors sell Micron stock before its earnings report to avoid any further losses? Let's find out.
There are two reasons buying Micron stock looks like a good idea before its earnings are out.
Source Fool.com
