Micron is Up Big Today -- Is It Still a Buy?
Micron Technology (NASDAQ: MU) was up strongly on Tuesday, following last night's strong earnings report and guidance. But with the stock up nearly 10% today as of this writing at 1:15 EDT and heading back toward the all-time highs hit earlier this year, is the memory producer still a buy?
What was especially encouraging about last night's report wasn't just the numbers themselves, but rather management's comments about the company's improving competitive operation and long-term growth opportunities.
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Source Fool.com