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

This Strategist Says the Tech Wreck Is Your Buy Signal: Micron and SanDisk on Sale? reports on a contrarian stance from Stephanie Link of Hightower, shared on CNBC. Link said the S&P 500 is about 1.5% below record highs, the Nasdaq down 5%, and the Russell 2000 down 15%, while the Dow tagged a fresh record, arguing that money is rotating out of mega-cap tech toward areas such as healthcare, financials, cybersecurity, and consumer staples. She pointed to a buy-the-dip opportunity in beaten-down tech names, specifically Micron and SanDisk, suggesting it may be time to “dip their toe into the water” for Micron and SanDisk from both technical and fundamental perspectives. She tied the selloff to President Trump’s comments about canceling a ceasefire with Iran, which coincided with oil rising and investors trimming crowded winners. For Micron, fiscal Q3 revenue was $41.456 billion (17.60% beat) and non-GAAP EPS $25.11 (23.79% above consensus), with Q4 guidance at $50.0 billion revenue and $31.00 EPS. Micron shares fell 16% over the past month. SanDisk posted Q3 FY2026 revenue of $5.95 billion (+251% year over year) with EPS $23.41 (59.67% beat), including a 645% jump in datacenter revenue.