Micron Technology ( MU 6.70% ) has been on fire in 2025, rising an impressive 200% thanks to the outstanding growth in the company's revenue and earnings. Investors may now be wondering if it is a good idea to buy shares of this memory specialist in anticipation of more upside.

The company will release its fiscal 2026 first-quarter results on Dec. 17. Micron's quarterly report is going to play a central role in determining if the stock can sustain its rally in the future. The good part is that Micron stock still seems to be in a buying zone even after its stunning surge this year thanks to its valuation.

Does this mean investors should start buying this growth stock before Dec. 17? Let's find out.

Favorable market dynamics should give Micron a nice shot in the arm

Demand for m

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