Best 3 Storage & Memory Stocks to Buy Now
Micron’s earnings were nothing short of incredible.
AI datacenter growth is full steam ahead.
Here are the best 3 storage & memory stocks to buy now.
2026 is all about themes and categories. Supply constraints have sent a handful of storage and memory stocks surging.
Given the latest earnings report out of Micron, it’s only fitting to reinforce the bullish stance we’ve held since last summer.
Blowout results from MU have lifted expectations for the whole group.
Today we’ll dissect the drivers that will boost these stocks to all-time highs in 2026.
It’s a great time to be a stock-picker…when you’re armed with cutting-edge software.
Best 3 Storage & Memory Stocks to Buy Now
One month ago we discussed our favorite chip stocks loved by institutions. This theme is being reinforced today.
The bottleneck affecting high-bandwidth memory (HBM) chips could last until 2030. This is great news for specific players as relentless demand and cramped supply will keep suppliers thriving.
The number 1 memory stock to own now is Micron (MU). The $440 billion market cap firm is a major manufacturer of DRAM and NAND flash memory.
It’s been one of the hottest stocks, gaining 315% the last year.
We’ve been on record many times discussing MU as the trade of the year. That’s due to relentless institutional demand for its shares.
As we typically see in our data, money managers scoop up stocks well ahead of the crowd.
Here you can see on the left how, out of nowhere, MU shares were being accumulated last summer at a price of $106.
To the right showcases how MU was a top-ranked buy signal in our data. Over a dozen blue signals showcases how impressive this theme has been in our research:
You may be wondering if this trend will fade after such a huge move. We don’t see it that way.
Micron’s earnings report last week unleashed a massive beat and raise.
For Q2 EPS clocked in at $12.20, easily beating estimates of $9.19. Revenues surged to $23.86B, also destroying analysts’ estimates of $19.97B.
But that’s not what was important. The Q3 guidance was nothing short of spectacular.
For Q3 Micron sees EPS of $19.15 +/- $.40 compared to street expectations of $12.03.
Even more impressive was the revenue guidance. MU forecasts Q3 sales of $33.5B +/- $750MM versus consensus of $24.3B.
Folks, this is one of the biggest beat and raises I’ve seen in years. Look at the forward EPS estimates from Wall Street.
2026, 2027, & 2028 all saw FY EPS numbers raised. Next year’s full-year EPS sits at a staggering $89.64:
With bottlenecks possibly in place beyond 2028, I see this as a top-tier play in 2026.
This highlights the power of MoneyFlows alerting you to the biggest theme in the market…EARLY.
Let’s keep going.
The number 2 storage and memory stock to own is SanDisk (SNDK). The $105B NAND flash developer has been on a stunning run lately.
The shares have risen an unbelievable 1188% over the last year.
Memory cards, flash drives, and solid-state drives (SSD) have been disrupted with the severe memory and storage bottleneck.
Like Micron, shares of SNDK have been one of the most accumulated names in our data.
On the left you’ll notice how the stock saw money pouring in late last summer at $50/share.
Given this name has a short trading history, it didn’t make a top-ranked designation (Outlier inflows to the right)…however we were vocal on this name as a top choice:
After Micron’s earnings, the whole space saw a lift in expectations.
One of my favorite metrics to measure for SanDisk is Average Selling Price (ASP). This trend has only gained post the MU numbers.
Last June the ASP for FY 2026 stood at $54.90. Today it has accelerated to $110.20.
FY 2027 ASP is now revised higher to $139.80. This highlights just how strong the pricing environment remains:
Keep it simple.
Follow the flows.
There’s another name to be aware of in this space.
Our number 3 storage & memory stock is Seagate Technology (STX). The $97B market cap firm is a major player in the Hard Disk Drive (HDD) space.
Like MU and SNDK, the stock has been booming with 1-year gains of 371%.
STX has been a well-established theme in our data.
Relentless inflows began back in May at a price of $100. More importantly, multiple instances on our Outlier Report (blue bars) made this a top choice to own last year:
We still see this trend with futher upside.
FY 2026 EPS should reach $11.82 and ramp to $18.58 in FY 2027.
FY 2026 revenues are slated to hit $11.53B with FY 2027 estimated to surge to $14.47B.
But there’s reason to believe these rosy expectations are too low.
Below I’ve plotted the Average Selling Price (ASP) trend estimates for Hard Disk Drives (HDD) for Seagate.
Note the big ramp in January for FY 2027. Estimates now peg ASP at $274.95…that’s 27.5% higher than FY 2026’s estimate of $215.49:
We’ve all heard that stocks follow earnings.
I’m here to tell you that when it comes to outlier stocks, earnings follow stocks.
And MoneyFlows gives you the edge ahead of the crowd!
There’s always a category that takes Wall Street by storm. This creates a huge opportunity for stock pickers.
If you aren’t outpacing the S&P 500 in 2026, you need better research.
Serious investors should consider MoneyFlows.
You’ll get early insights on major themes as they unfold…early.
Make 2026 your best year yet.
Our PRO subscription allows you to spot daily flows and access our weekly Outlier 20 report.
This is the report that has found EVERY SINGLE ONE of our Outlier stocks.
Professional money managers and RIAs looking for additional portfolio solutions including ETF flows & ranks and your own Portfolio Tracking tools, please reach out about our Advisor Solution and Emerging Advisor Program.
AND don’t miss my deep dive conversation with Jason Bodner on this exact post. It’ll help you understand our process that allows us to spot all-star stocks year after year.
***Tomorrow we are hosting our first ever MoneyFlows Summit at 10AM ET. It’s virtual and free!
We will discuss what we learned in Q1, what’s ahead for Q2 and beyond. We’ll even discuss top stocks to own.
Click below to register. I’ll see you there!
