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After being rated at no better than a two-star rank for the past several months, enough top-performing CAPS members have turned bullish on Micron Technology
Micron makes DRAM memory for PCs and flash chips used in portable devices such as Apple's
Investors are seeing relief from the oversupply and weak demand that have plagued the industry in the recent past. Micron narrowed its loss in its fiscal fourth quarter, compared to a year ago. Like Rambus
The memory industry is showing signs of a recovery, though most analysts concede it still has a ways to go. Global chip sales increased again in August for the sixth-straight month as year-over-year declines slowed, and Micron expects a balance of supply and demand for the remainder of 2009. As such, investors have been busy bidding up shares of SanDisk
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