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Can Micron Stock Continue to Outperform the Industry in 2018?

Can Micron Stock Continue to Outperform the Industry in 2018?

Micron Technology (MU) stock has attracted investors’ attention over the past year. It was the fastest-growing semiconductor stock in 2017 and continues to hold that spot in 2018 as the memory market environment continues to remain favorable for suppliers. MU stock rose 43% YTD (year-to-date), outperforming the S&P 500 index (SPY) and the semiconductor memory industry, which rose 3.2% and 41.2%, respectively.