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.