Scoopfeeds — Intelligent news, curated.
Micron Stock Has Soared by More Than 12X. Can It Double Again?
business

Micron Stock Has Soared by More Than 12X. Can It Double Again?

Yahoo Finance · Jun 29, 2026, 10:03 AM

Key takeaways

  • Lawrence Nga, The Motley Fool Mon, June 29, 2026 at 5:03 PM GMT+7 5 min read MU NVDA Micron (NASDAQ: MU) stock has delivered extraordinary returns over the past year and a half.
  • But investors should remember something important: A stock does not become a bad investment simply because it has gone up sharply in price.
  • In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.

Lawrence Nga, The Motley Fool Mon, June 29, 2026 at 5:03 PM GMT+7 5 min read MU NVDA Micron (NASDAQ: MU) stock has delivered extraordinary returns over the past year and a half. After a rally of more than 1,200% since the start of 2025, many investors will naturally assume the easy money has already been made on this stock. That may prove true.

But investors should remember something important: A stock does not become a bad investment simply because it has gone up sharply in price. The more relevant question is not about how much Micron stock has risen. It's about whether Micron can keep growing its profits. If the answer is yes, the stock could still have room to run.

Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »

Article preview — originally published by Yahoo Finance. Full story at the source.
Read full story on Yahoo Finance → More top stories
Aggregated and edited by the Scoop newsroom. We surface news from Yahoo Finance alongside other reporting so you can compare coverage in one place. Editorial policy · Corrections · About Scoop