Key PointsMicron's stock trades at less than 11 times future profits, which is cheap compared to the S&P 500.Once the shortage in memory products ends, however, the outlook for Micron may be very different.10 stocks we like better than Micron Technology › In just the past 12 months, Micron Technology (NASDAQ: MU) stock has surged more than 800%. Demand for the company's memory products has been through the roof, driving explosive growth that has…