After Surging 4,885%, Is Sandisk Stock Still a Buy? Here's What History Says.
This run by Sandisk stock is hard to believe.
Overview
It is almost hard to believe that Sandisk (NASDAQ: SNDK) started trading on the Nasdaq at around $35 per share on Feb. 13, 2025.
In just over 16 months, it has surged some 4,885% to $1,745 per share as of July 2. Over the past 12 months, Sandisk has returned 3,780%, and it is up 635% year to date.
Details
The numbers are just staggering, as any investors fortunate enough to buy at the IPO can attest. But after such an amazing run, can Sandisk stock keep it going, or is it time to take some profits?
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.