Is Micron Technology (MU) A Smart Long-Term Buy? Fiduciary Management Inc., an investment management firm, published its first quarter 2021 investor letter – a copy of which can be downloaded here. A return of 7.6% was reported by the FMI All Cap portfolios for the Q1 of 2021, outperforming both its Russell 3000 benchmark that delivered a 6.35% return, and the Russell 3000 Value Index that had an 11.89% gain in the same period. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021. Fiduciary Management, in their Q1 2021 investor letter, mentioned Micron Technology, Inc. (NASDAQ: MU) and shared their insights on the company. Micron Technology, Inc. is a Boise, Idaho-based semiconductor company that currently has a $101 billion market capitalization. Since the beginning of the year, MU delivered a 19.87% return, extending its 12-month gains to 97.94%. As of April 14, 2021, the stock closed at $90.67 per share.