Micron stock heads for best day in a year after it’s dubbed a ‘top pick’ at Evercore—’it is game on for memory’
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Two underperforming microchip names could be due for a rebound as memory industry trends improve, according to an analyst.
Evercore ISI’s C.J. Muse elevated Micron Technology Inc. MU and Lam Research Corp. LRCX to his firm’s “top picks” list Friday, arguing that both could benefit from the “green shoots” he’s seeing in the memory industry.
The…