Memory Sector Stocks Are Down 30% or More From Their Highs, But These 2 Are Worth Buying Now
Rather than chasing the biggest AI memory winners, investors may find better long-term opportunities in discounted companies like Western Digital and Silicon Motion.
Overview
A lot of the easy money in memory stocks has already been made in 2026, but the sector is not one monolith. Several names in this sector are trading down more than 20% below their highs, and I think two of them offer a better mix of upside and risk than the rest.
Western Digital (NASDAQ: WDC) has quietly become one of the more interesting "discounted AI storage" plays. After an enormous rally earlier in the year, the memory stock now sits roughly 35% to 40% below its recent intraday high of around $800, following a broad tech sell-off and profit-taking in cyclicals.
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Originally published at www.fool.com.