People who call for a correction but tell people to trade into 25 P/E defensive stocks are quite possibly the dumbest investors of all. if you're a fund manager and have to stay invested, they're great. They're great if you park money at the right time. But either there's a massive correction and they get hammered back down to 15 P/E where they belong or we don't get a market correction and they get the shit sold out of them the second investors think the coast is clear to start investing in things actually making money again.
$MU, perhaps $GOOGL
MU because its forward P/E ratio is still undervalued compared to industry/peers. GOOGL because they are still beating EPS and Revenue, despite a larger increase in capex spending.