This Strategist Says the Tech Wreck Is Your Buy Signal: Micron and SanDisk on Sale?

1 month ago 17

Omor Ibne Ehsan

Mon, July 13, 2026 astatine 8:55 AM CDT 4 min read

Quick Read

Stephanie Link calls Micron and SanDisk buying opportunities aft some stocks crashed 19% and 29% post-earnings contempt blowout results.
Kevin Gordon counters that rising lipid prices historically propulsion investors into Nvidia and Broadcom arsenic mega-cap tech harmless havens implicit representation names.
Prediction markets delegate 57% likelihood MU hits $1,320 by month-end, lending near-term enactment to Link's timing thesis implicit Gordon's caution.
Act now: the expert who called NVIDIA successful 2010 conscionable named his apical 10 AI stocks — and Micron Technology didn't marque the cut. Grab the names FREE today.

Stephanie Link, Chief Investment Strategist astatine Hightower, appeared connected CNBC's Morning Call Sheet with a contrarian call. The S&P 500 sits 1.5% disconnected all-time highs, the Nasdaq is down 5%, and the small-cap Russell 2000 is down 15%, portion the Dow conscionable tagged a caller record. Money is fleeing mega-cap tech for healthcare, financials, cybersecurity, and user staples, and staples are trading astatine grounds highs. Link sees this arsenic the nonstop infinitesimal to thin into the names getting flushed.

close up of merchantability sign, elder mates selling their house

Her enactment was direct. "I privation to spell backmost to immoderate of these stocks that person been beaten down... Micron, SanDisk, Broadcom and Nvidia are giving america opportunities to get in... it's clip to get into these names." She narrowed the tactical commercialized further, saying "from a method constituent of view, from a cardinal constituent of view, I look astatine Micron and SanDisk... present whitethorn beryllium the clip to dip their toed into the water."

The Selloff and the Rotation

The rotation was triggered by President Trump's comments that the ceasefire with Iran had been canceled, with lipid moving higher and investors trimming crowded winners. The Nasdaq 100 is inactive up 16.8% year-to-date. The Russell 2000, by contrast, is up 18.7% YTD, truthful the rotation has legs.

Beaten-down mega-cap tech is wherever the flushing is happening, and that is wherever Link is shopping.

Act now: the expert who called NVIDIA successful 2010 conscionable named his apical 10 AI stocks — and Micron Technology didn't marque the cut. Grab the names FREE today.

Link's Buy-the-Dip Case connected Micron

Micron Technology (NASDAQ:MU) is the cleanest look of Link's thesis. The institution reported $41.456 cardinal successful fiscal Q3 revenue, a 17.60% beat, with non-GAAP EPS of $25.11 topping statement by 23.79%, its 7th consecutive beat. Gross borderline ripped to 84.6% from 37.7% a twelvemonth ago. CEO Sanjay Mehrotra told investors that "Micron's grounds fiscal Q3 fiscal results and adjacent stronger outlook for Q4 bespeak the strategical worth of representation successful the AI era." Q4 guidance calls for $50.0 cardinal successful gross and $31.00 successful EPS.

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