Memory Stocks to Sell as Record Rally Falters - Lam Research (NASDAQ:LRCX), Seagate Technology Hldgs (N

Memory Stocks to Sell as Record Rally Falters frames a change in momentum for the memory-chip trade, saying the recent rally may be cut short. It cites Micron and Samsung—memory suppliers sought by data centers—as having fallen sharply in recent weeks, and notes that many prior winners are down at least 20% over the past month. The article attributes the pullback to valuation concerns, worries that AI hyperscalers may reduce capital expenditures, and profit-taking. It then names five memory-related stocks with a Benzinga Edge Value score at 10 or lower, arguing their narratives have flipped while valuations remain elevated. For Seagate Technology (STX), the piece cites a score of 8.30 and says the stock trades at 75 times earnings and 16 times sales, with 46% gross margins at highs, while shares are down more than 25% over the month. It also points to Western Digital (WDC) with a score of 7.83, still priced at 28 times earnings and 16 times sales, and mentions an upcoming fiscal Q4 2026 earnings report on August 5.