Out Fox The $treet

Micron Tech updated the market with horrible FQ2 guidance. The down cycle is only starting in the current quarter with historical down cycles lasting multiple quarters. The company built the net cash balance to record levels indicating the hidden weakness expected. Investors should expect additional weakness in FQ3 and shouldn't rush into the stock until YoY revenue declines reach a low. My   previous research   tried to repeatedly warn investors that doom was still around the corner in   Micron Tech   ( MU ). Typically, the memory giant doesn't bottom out until the company has had multiple quarters of substantial revenue declines. The stock just wasn't going to bottom out after the previous quarter where YoY revenue growth was still up at 37%. The   FQ2 guidance   gets the stock closer to a bottom, but it's still too early to get into Micron Tech. Read the full article on Seeking Alpha.  Disclosure: No position mentioned. Please...

Micron CEO updated corporate guidance at a technology conference. The company went forward with large buybacks in FQ1. The lowered revenue guidance will ultimately guide the stock. At an investor conference on Wednesday, the   Micron Technology   ( MU ) CEO updated guidance that was not a shock to our   investment thesis . The shocking part is that the company plowed ahead with large-scale stock buybacks in the face of a downturn gaining steam and knowledge that sector cycles always end up worse than expected. Read the full article on Seeking Alpha.  Disclosure: No position mentioned. Please review the disclaimer page for more details.   

Anybody that has invested in Fusion-io  (NYSE: FIO ) since the IPO back in 2011 probably has given up on catalysts for a rebound. The stock originally plunged as top customers Apple and Facebook supposedly reduced spending for the short-term, yet it has now led to the founders leaving the company, further questioning its growth potential. The leader of server-side flash storage has seen a lack of growth in the two more » Disclosure: No positions mentioned. Please review the disclaimer page for more details. 

This is the fourth and final article focusing on the stocks with the fastest earnings growth rates for 2012 according to the SteetAuthority report . The first three articles focused on Take Two Interactive ( TTWO ), Patriot Coal ( PCX ), Accuride ( ACW ), and Meritor ( MTOR ). The final article will focus on the better remaining options. All of the companies on the list expect earnings to soar more than 100% from fiscal 2011 to 2012. If the numbers are hit, than any of the picks could provide solid stock returns. The remaining list includes Allstate Corp ( ALL ), with a market cap around $16B, all the way to SMART Modular Tech ( SMOD ), with only $580M in market cap. All of them have relatively low forward PEs considering they expect earnings to expand by triple digits. The key is to determine which stocks have the potential to expand on these earnings beyond 2012. One-off situations such as ALL aren't as appealing. Read the full article at Seeking Alpha. Disclo...