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Any doubts about Micron Technology (NASDAQ: MU) stock’s ability to deliver the terrific upside that Wall Street expects it to deliver over the coming year were put to rest after its fiscal 2021 third-quarter earnings report.
The memory specialist handsomely crushed analysts’ expectations, issued solid guidance, and pointed out that the memory market will continue to remain in good health on account of robust demand. In short, Micron hinted that its days of terrific growth are here to stay. Let’s see why that may be the case, and why you should be buying the stock if you haven’t already.