Morgan Stanley Defends Memory Chip Stocks Amid Slump

Micron Stock: Morgan Stanley Defends Memory Chip Stocks | Investor's Business Daily TRENDING: SpaceX Isn't The Only Giant Eyeing An IPO Investment bank Morgan Stanley on Thursday called the recent sell-off in memory chip stocks a "healthy" response to investor concerns, but said Micron Technology (MU) and Sandisk (SNDK) still have strong fundamentals and the opportunity to run higher. Morgan Stanley analyst Joseph Moore reiterated his overweight, or buy, ratings on Micron and Sandisk. X S&P 500 Rises ...