- Shares of Micron have been on a tear already since the lows of $9 early last year.
- But the company is on a run that is supported not only by favorable market conditions, but also by at least some more secular trends.
- We compare this run to previous ones and argue that the shares are likely to go higher still.
The Essential Micron – Micron Technology Inc. (NASDAQ:MU) | Seeking Alpha