Phil Rosen: Micron stock surges 800 percent as Wall Street raises targets

Phil Rosen: Micron stock surges 800 percent as Wall Street raises targets
Micron up 800 percent with new targets

Phil Rosen reports that Micron has gained 800 percent in the last year, yet the stock has become cheaper throughout its rally.

He highlights that Wall Street analysts are increasing their price targets for Micron, with the stock still appearing to offer value despite the strong performance.

Rosen has previously reported on major moves in large-cap stocks. He highlighted Microsoft's 25% stock decline over the past year despite a record $82.9 billion quarterly revenue. He also noted that Intuit has dropped nearly 60 percent, making it one of the worst performers in the S&P 500 this year.

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