10 AI Stocks on Wall Street’s Radar Right Now

5. Micron Technology, Inc. (NASDAQ:MU)

Number of Hedge Fund Holders: 94

Micron Technology, Inc. (NASDAQ:MU) develops and sells memory and storage products for data centers, mobile devices, and various industries worldwide. On May 7, Morgan Stanley lowered the firm’s price target on the stock to $98 from $112 and kept an “Equal Weight” rating on the shares. The firm believes Micron stock has a balanced risk-reward profile in the current market environment. Moreover, the analyst told investors in a research note how the firm’s checks in DRAM are turning “remarkably positive in recent months,” and even though tariff pull forwards are a factor, “they are not the only thing driving pricing strength.”