Why Micron Technology Is Poised to Keep Poppin'

Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, memory chip manufacturer Micron Technology has earned a respected four-star ranking.

With that in mind, let's take a closer look at Micron and see what CAPS investors are saying about the stock right now.

Micron facts

Headquarters (founded)

Boise, Idaho (1978)

Market Cap

$10.0 billion



Trailing-12-Month Revenue

$8.1 billion


CEO Mark Durcan (since 2012)

CFO Ronald Foster (since 2008)

Return on Equity (average, past 3 years)



$2.2 billion / $3.7 billion


Samsung Electronics


Sources: S&P Capital IQ and Motley Fool CAPS.

On CAPS, 90% of the 1,266 members who have rated Micron believe the stock will outperform the S&P 500 going forward.

Just yesterday, one of those Fools, drewvogel, succinctly summed up the Micron bull case for our community:

Spot prices on DRAM have been increasing, but in the latest conference call [Micron] said their DRAM bit volume increased while their average selling price declined. ... This is likely due to their contract prices lagging spot prices. The next quarter should include some of those spot price increases in the DRAM market. In addition to the improving DRAM conditions, the NAND prices are rising due to a shortage of chips combined with healthy demand as individuals and enterprises alike are moving to SSDs instead of replacing PCs. The price has a good bit of the Elpida acquisition baked in. Price target: $14.

If you want market-thumping returns, you need to put together the best portfolio you can. Of course, despite a strong four-star rating, Micron may not be your top choice.

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The article Why Micron Technology Is Poised to Keep Poppin' originally appeared on Fool.com.

Fool contributor Brian Pacampara has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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