Micron Technology, Inc. (Nasdaq: MU)

Micron Technology, Inc. (Nasdaq: MU) manufactures and sells memory and storage solutions worldwide and is one of the largest players in the technology hardware industry.

The company’s shares took a hit beginning in mid-2018 as the U.S.-China trade war looked to trigger a drop in demand for Micron.  

But the company posted double-digit revenue growth last quarter and – with prices for memory beginning to stabilize after a prolonged drop – the company could be in position for sustained growth in the months ahead.

In addition, the company reports that demand for dynamic random access memory (DRAM) will pick up near the end of 2021 with the launch of new, more memory-heavy gaming consoles worldwide.