Why Micron (MU) is a Top Growth Stock for the Long-Term

Core Insights - Zacks Premium provides various tools for investors to enhance their stock market engagement and confidence [1][2] Zacks Style Scores - Zacks Style Scores are indicators designed to help investors select stocks likely to outperform the market within 30 days, rated from A to F based on value, growth, and momentum characteristics [3] - The Value Score focuses on identifying undervalued stocks using financial ratios like P/E, PEG, and Price/Sales [4] - The Growth Score emphasizes a company's financial health and future outlook, analyzing projected and historical earnings, sales, and cash flow [5] - The Momentum Score assists investors in capitalizing on price trends, utilizing factors like one-week price changes and monthly earnings estimate changes [6] - The VGM Score combines the three Style Scores to identify stocks with attractive value, strong growth forecasts, and promising momentum, serving as a useful indicator alongside the Zacks Rank [7] Zacks Rank and Performance - The Zacks Rank is a proprietary model that uses earnings estimate revisions to simplify portfolio building, with 1 (Strong Buy) stocks achieving an average annual return of +23.81% since 1988, significantly outperforming the S&P 500 [8][9] - Investors are encouraged to select stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B for optimal success [11] - Stocks rated 4 (Sell) or 5 (Strong Sell) may still have high Style Scores but are likely to experience declining earnings forecasts, increasing the risk of price drops [12] 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 [13] - The company is projected to achieve year-over-year earnings growth of 100% for the current fiscal year, supported by a Growth Style Score of A [13] - Recent upward revisions from nine analysts have increased the Zacks Consensus Estimate for fiscal 2026 by $3.53 to $16.58 per share, with an average earnings surprise of +9.4% [14]