Micron (MU) is a Top-Ranked Growth Stock: Should You Buy?

Core Insights - Zacks Premium provides various tools for investors to enhance their stock market strategies, including daily updates on Zacks Rank and Industry Rank, access to the Zacks 1 Rank List, Equity Research reports, and Premium stock screens [1] Zacks Style Scores - Zacks Style Scores are indicators that assist investors in selecting stocks likely to outperform the market within 30 days, rated from A to F based on value, growth, and momentum characteristics [2] - The Value Score focuses on identifying undervalued stocks using financial ratios such as P/E, PEG, and Price/Sales [3] - The Growth Score emphasizes a company's financial health and future outlook, analyzing projected and historical earnings, sales, and cash flow [4] - The Momentum Score helps investors capitalize on price trends by evaluating short-term price changes and earnings estimate revisions [5] - The VGM Score combines all three Style Scores, providing a comprehensive indicator for investors who utilize multiple investment strategies [6] Zacks Rank - The Zacks Rank is a proprietary model that leverages earnings estimate revisions to guide investors in building successful portfolios, with 1 (Strong Buy) stocks achieving an average annual return of +23.64% since 1988, significantly outperforming the S&P 500 [7] - There are typically over 800 top-rated stocks available, making it essential for investors to utilize Style Scores to narrow down their choices [8] - To maximize returns, investors should target stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B, while also considering the earnings outlook [9][10] Company Spotlight: Micron Technology - Micron Technology, based in Idaho, is a leading provider of semiconductor memory solutions, currently holding a 1 (Strong Buy) Zacks Rank and a VGM Score of A [11] - The company is projected to experience a year-over-year earnings growth of 100% for the current fiscal year, supported by a Growth Style Score of A [11] - Recent upward revisions from nine analysts have increased the Zacks Consensus Estimate for fiscal 2026 by $4.31 to $16.58 per share, with an average earnings surprise of +9.4% [12]