In a welcome move, micron technology ,Mu) stock saw it relative power rating It improved to 75 from 69 on Thursday.


when looking for best stocks to buy and watchOne factor worth watching closely is relative price strength.

This exclusive rating from Investors Business Daily measures share price performance with a score from 1 (worst) to 99 (best). The score shows how a stock’s price movement has compared to all other stocks in our database over the past 52 weeks.

Over 100 years of market history shows that the market’s biggest winners usually have RS ratings of 80 or better in the early stages of their moves. See if Micron Technology stock can continue to rebound and hit that benchmark.

Looking for the best stocks to buy and watch? start here

Is Micron Technology Stock a Buy?

Micron Technology stock is trading in a double-bottom pattern. While Now Isn’t Ideal Time To Invest, Watch If Data Storage Stock Holds Up create a consolidation and break down.

The data storage firm reported 0% EPS growth last quarter, while sales growth stood at -57%.

Micron Technology stock earns the No. 6 rank among its peers in the computer software-storage industry group. NetApp ,NTAP) And Smart Global Holdings ,sgh) are also among the highest rated stocks in the group.

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