Tomahawk, WI 11/26/2013 (BasicsMedia) –  Investors are currently looking to diversify their portfolios, and one of the most popular stocks to use in this regard is Micron Technology Inc (NASDAQ:MU). When you look at Wall Street, you will discover that MU is among the most active stocks in the market right now, to an extent that it has shot up by more than 208%. In the process, it has done much better than the 25.78 gains made by S&P 500s. MU makes many products that are useful in the technological field, and two of the most popular that have pushed this growth are DRAM Memory and NAND Flash.

Is it possible that MU could have done any better than it is doing at this point in time? Well, it is possible since it has not reached its peak yet. As long as Micron Technology Inc (NASDAQ:MU) has not reached its peak, there is room for improvement and it can do a lot more to give more confidence to its investors, both present and prospective. Its remarkable improvement and performance in the stock market, has helped the company to attract positive reviews and outlooks from a number of analysts, who all seem to be in agreement that this is the best time to buy Micron Technology Inc (NASDAQ:MU) stock, regardless of the price.

The consensus is that MU still has a lot of potential to do more than it has accomplished this year. The company has done remarkably well in growing its revenue over the last one year. Its stock price has been on a positive trend and strong in the last one year, and continues to remain solid in the face of heavy competition from other tech firms in Wall Street. Micron Technology Inc (NASDAQ:MU) has enjoyed a lot of growth in various fields and this should go on for quite some time. It has witnessed growth in its earnings per share, as well as in its net income and this is quite impressive.

A close look at the underlying factors that have enabled this level of growth in MU shows that it has more strengths compared to the weaknesses. This is one of the reasons that convinces most analysts to appreciate that Micron Technology Inc (NASDAQ:MU) still has a higher chance of achieving more than it has done up top this point. Its valuation levels are also quite impressive and remain MU’s biggest attraction thus far. MU’s revenue growth levels have been quiet high compared to what the rest of this industry has reported, which has not gone beyond 9.4% in the same period.

MU is quite stable and nothing should stop it from achieving similar levels of growth as we move into 2014. This statement is not cast in stone, bearing in mind the fact that stocks keep falling and rising as they want, and on a regular basis. Although the dynamics that have worked to its favor could change in a moment’s notice, and this depends on what happens in the industry as a whole, Micron Technology Inc (NASDAQ:MU) is not under any meaningful threat thus far. At this point, one can say that it is its biggest competitor and threat.

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