Micron (MU) has delivered strong gains, with its shares surging about 272% so far this year and climbing about 465% over the past 12 months. The rally is driven by robust demand and favorable pricing for the company’s memory and storage products, powering artificial intelligence (AI) workloads.
Despite this impressive run, Micron’s growth story is far from over. Two key factors suggest that MU stock still has upside potential, making it a top stock to buy now.