Got $1,000? An Investment in Micron Could Be Worth This Much by 2027. (Hint: It's Over $3,000.)
Micron's stock could be headed to the moon.
Overview
Micron (NASDAQ: MU) has been an incredible performer in 2026, rising by over 200% so far this year. But that could just be the beginning. Micron's stock still looks cheap and could surge to a new high as we progress through the rest of 2026 and into 2027. In fact, I wouldn't be surprised if Micron shares -- which closed trading Monday at $958.73 -- reach over $3,000 by the end of 2027.
That would be a major move, but when you look at the math behind the premise, it makes sense.
Image source: Getty Images.
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.