A Once-in-a-Decade Buying Opportunity: Sandisk and Micron Shares Are Dirt Cheap and Look Primed to Skyrocket
Supplies of memory chips aren't expected to catch up with demand for at least another year and a half.
Overview
Sandisk (NASDAQ: SNDK) and Micron (NASDAQ: MU) are among the best-performing S&P 500 (SNPINDEX: ^GSPC) components this year. Sandisk is the highest-performing stock so far in 2026, returning nearly 600%, while Micron comes in fourth, up nearly 250%. After runs like that, it may seem odd to say that these two are dirt cheap and could skyrocket, but that's exactly what the setup looks like.
With each stock sitting well below its all-time high (Micron is down more than 20% while Sandisk is down around 35%), now is a great time to buy them, and it could be a once-in-a-decade opportunity in terms of how much they could soar.
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Originally published at www.fool.com.