Micron's Momentum Can Keep Going, Morningstar's Kerwin Says

Morningstar Technology Equity Analyst William Kerwin reacts to Micron Technology giving surprisingly strong sales and profit forecasts. Micron said fiscal first-quarter revenue will be about $8.7 billion. That compares with an average analyst estimate of $8.32 billion. Profit will be about $1.74 a share, minus certain items, versus a projection of $1.52.

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