Sandisk Stock: Buy, Sell, or Hold?
Yahoo Finance ·
Sandisk ( SNDK +0.28% ) stock has more than quintupled year to date, but despite those gains, its rally still doesn't appear to be over. The long-term tailwinds in the memory market just accelerated, and Sandisk is one of the best-positioned companies in the industry. Investors have greatly underestimated the durability of the current memory chip boom, even the most bullish ones. Samsung ( SSNLF +0.00% ) recently reported that three large customers had signed deals locking up 70% of its memory chip capacity through 2031: Nvidia ( NVDA +3.56% ) , Microsoft ( MSFT -0.85% ) , and Alphabet ( GOOG +0.74% ) ( GOOGL +0.93% ) .
DYAX Investor Sentiment
Bullish (Long) 49% · Bearish (Short) 51%
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