Micron Shares Climb After Analyst Calls it a Top Pick

Micron Technology shares on Friday were on track for their best day since 2020 after an analyst at Evercore ISI added the memory chip maker to his list of top stock picks. He argued investors could pour into Micron, anticipating a return to earnings growth next year.

Micron stock (ticker: MU) was up 8.4% to $83.52 in Friday afternoon trading. Shortly before 3 p.m., it was the day’s second-best performer in the S&P 500 index, which was down slightly.