Should You Buy Micron Stock Before Its Sept. 30 Report?

Key Points Micron guided its fiscal fourth quarter to $50 billion of revenue back in June. TrendForce expects conventional DRAM contract prices to rise 13% to 18% this quarter, down from a 93% to 98% surge early in the year. The stock heads into the report about a quarter below its 52-week high. 10 stocks we like better than Micron Technology › Micron Technology (NASDAQ:MU) will report its fiscal fourth-quarter results on Wednesday, Sept. 30. As of this writing, shares sit near $928 -- down about 7% over the past week and about a quarter below their 52-week peak of $1,255. A drop like that, two weeks before earnings, can make buying ahead of the report tempting. Should you buy the stock before the numbers arrive? Missed Nvidia in 2009?