Company Of The Day: Micron

MU: Micron Technology logo
Micron Technology


Micron (NASDAQ:MU) reported a stronger than expected set of Q2 FY’22 results (quarter ended March 3). While revenue rose by 25% year-over-year to $7.8 billion, adjusted earnings came in at $2.14 per share, up from $0.98 last year.


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Sales were driven by strong demand for NAND and DRAM from data centers and enterprise PCs.

So What?

While MU stock initially rose following the results, it gave up the gains, falling by almost 3% in Wednesday’s trading due to the broader market sell-off.

See Our Complete Analysis For Micron

What if you’re looking for a more balanced portfolio instead? Here’s a high-quality portfolio that’s beaten the market consistently since the end of 2016.

Returns Mar 2022
MTD [1]
YTD [1]
Total [2]
 MU Return -11% -15% 261%
 S&P 500 Return 5% -3% 106%
 Trefis MS Portfolio Return 3% -7% 266%

[1] Month-to-date and year-to-date as of 3/31/2022
[2] Cumulative total returns since the end of 2016

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