Quant Expert Reveals Why Micron Keeps Smashing Records

Steve Cress runs a quant-focused morning show across YouTube, TikTok, and X. He shares daily takes on stock movers and market news. His handle is @CressTopStocks. Rena Sherbill hosts the Investing Experts Podcast and Wall Street Lunch. She recently sat down with Cress to dig into Micron ahead of its earnings report.

Micron has been a top pick for Cress for a long time. The stock carries a strong buy rating from his quant model. Last quarter the company posted eight beats and zero misses. That track record stretches back to the third quarter of 2023. Every single report since then has come in above expectations.

The numbers are staggering. Consensus calls for normalized EPS of $31.82 and GAAP of $31.94. That represents roughly a thousand percent year-over-year growth. In the last ninety days twelve analysts raised estimates while only two lowered them. For the full fiscal year thirteen analysts revised higher and just one revised lower. Despite that lopsided ratio the sector median grades it a C plus.

Cress breaks down the quant grades. Valuation, growth, profitability, and momentum all score A plus. Analyst revisions sit lower but thirteen up versus one down still looks solid to him. The beat rate for Micron sits at ninety-two percent versus an eighty-six percent sector median. EPS has exploded from thirty-two cents to a dollar fifty-six to twelve dollars and twenty cents in just a few quarters.

You can catch Cress breaking down movers every morning on his channels. He and Sherbill also take requests on what topics to cover next. The Micron deep dive aired on the day of the company's latest report.