WDC - Western Digital (SanDisk)

Same hard drive business as Seagate; 2026 production already sold out under multi-year agreements. Trades at ~19x earnings, which is more expensive than the memory makers, but still benefits from AI storage demand.

Dropped over 7% on August 18th and is grouped with vulnerable memory/storage names. Higher rates increase borrowing costs and make future-heavy valuations harder to justify.

Old leader in memory/storage, broken down 30-40% from highs, good for buy-and-hold for long-term investors, not for trading.

Momentum play to the upside if it breaks above $480, aided by Nvidia after-hours momentum.

Broken downtrend, below 50-day moving average, lower lows/highs, zero interest.

Earnings reaction negative; stock dropping. Watch memory stocks and semiconductors.

Another hedge fund liquidation holding that has been flat; Ross is closing the position to take profits on the overall trade.

Sees value after pullback to 580s; expects revisit and pass all-time high of $780-790.

Memory/storage company; bought as part of the contrarian AI dip trade.

Down 38% from highs; cited among semiconductor/storage names hit hard in the momentum crash.