Why Micron's stock is Morgan Stanley's new top pick — even with its 180% rally this year

Core Viewpoint - Pricing for DRAM is increasing due to ongoing shortages in the memory market, which is expected to enhance Micron's earnings power [1] Industry Summary - The memory market is currently experiencing shortages, leading to a rise in DRAM prices [1] - The increase in DRAM pricing is anticipated to positively impact the financial performance of companies like Micron [1]