remains a key player in the memory chip and AI hardware space, and the AI chip boom is still going strong. Micron produces memory devices and has been making significant money. Nvidia is hosting a conference next week that should help storage and optical companies as well. Micron’s sales are forecast to rise 37.4%, while earnings are expected to increase 451.4%. Analyst revisions have been extremely strong, more than doubling in the past 90 days, and the company posted a 20.7% earnings surprise last quarter. The stock is recommended in newsletters, is under management, and is expected to continue moving higher.
is often viewed as a bellwether for global trade. The company delivered a strong surprise last quarter, with earnings exceeding expectations by 17.2%. For the upcoming report, sales are expected to rise 5.9%, while earnings are projected to decline 9.2%. Analysts trimmed their estimates earlier, though revisions have started moving higher again over the past two months. FedEx will likely need to provide stronger guidance to support the stock. Fuel costs remain an important factor, particularly aviation fuel and diesel, which are sensitive to developments in the Middle East. Those costs could affect margins and influence guidance. FedEx has a reputation for straightforward guidance, so whatever outlook the company provides—positive or negative—will likely drive the stock’s reaction.
