Jul. 31 at 10:43 PM
Barron's highlighted the best and worst S&P 500 performers for July.
Top performers:
$CTSH +43%
$PYPL +32%
$WDAY +31%
On the other side, technology took a major hit.
Biggest decliners:
$SNDK -46%
$GLW -46%
Despite the sharp correction, it's worth remembering that both stocks had enormous runs before July.
Even after this pullback:
•
$SNDK was still up over 400% from its 2026 low.
•
$GLW remained well above prior levels.
To reclaim their 2026 highs, both would need to roughly double from current prices.
If I had to pick one for a rebound, my choice would be
$SNDK.
The AI memory cycle, improving supply-demand dynamics, and long-term industry fundamentals still make the risk/reward compelling after such a steep reset.
Sometimes the best opportunities appear after the biggest corrections.
