Key PointsMicron stock has been on a generational run as growth investors pour into memory chip stocks.Micron's rising share price makes it appear an expensive stock. Forward earnings analysis suggests Micron stock remains reasonably valued.10 stocks we like better than Micron Technology › As of the closing bell on Friday, May 15, shares of Micron Technology (NASDAQ: MU) closed at $725. Over the past month, Micron stock has nearly doubled as inv…