Stocks to watch on Friday: Micron Tech (MU) - my warning all along was to not chase the stock until the revenue downturn was over. Micron rallied up to $50 prematurely, but the stock is down 10% today due to the predictable weakness following disappointing guidance. Revenue guidance of $5.0 billion for FQ1'20 has revenues declining ~37% from last year. The turn is finally occurring so the stock is an ideal buy on a dip back into the $30s. Wells Fargo (WFC) - the large bank stock is up 4% on the announcement of a new CEO. The stock is a buy, but the CEO from Bank of New York Mellon (BK) doesn't start until Oct. 21 and will run the business from New York. A lot of these scenarios don't workout with the executive out of tune with the employee base and corporate culture when located in a different state. CrowdStrike (CRWD) - the stock was an easy short at 30x FY21 sales back in July following the hot IPO. Even following this dip to $55, the stock has a market cap of $13 billion and a FY21 revenue target of only $642 million. The stock still trades at 20x forward sales estimates and the Ukraine issue is concerning. Avoid CrowdStrike. Disclosure: No position