Billionaire Kerr Neilson’s 10 Stock Picks with Huge Upside Potential

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

Upside Potential: 23.03%

Billionaire Kerr Neilson has bought over $81 million worth of shares in Micron Technology, Inc. (NASDAQ:MU), representing 4.72% of his stock portfolio, securing the company a spot in Billionaire Kerr Neilson’s 10 Stock Picks with Huge Upside Potential.

On June 26, 2025, Mizuho Securities raised its price target on Micron Technology, Inc. (NASDAQ:MU) from $130 to $150, maintaining an ‘Outperform’ rating. This update followed the company’s announcement of strong earnings results for Q3 fiscal 2025. Meanwhile, the company’s share price is up 46.76% YTD, maintaining strong momentum.

For the quarter, Micron Technology, Inc. (NASDAQ:MU) exceed both its revenue and EPS expectations. This was driven by continued demand for its DRAM and high-bandwidth memory (HBM) chips. The analyst acknowledged the company’s expanding role in the AI market. Its HBM market share is expected to reach 25% by the end of 2025, with segment revenue projected at $17 billion in 2026, driven by the launch of HBM4 technology. Improved pricing and bit shipments are expected to drive the company to a strong second half of 2025.

Micron Technology, Inc. (NASDAQ:MU) is a memory and storage products manufacturer. Operating globally, it is known for the Micron and Crucial brands, serving data centers, mobile, automotive, and consumer electronics sectors.