Prediction: This Is What Sandisk Stock Will Be Worth in 12 Months
Sandisk could crush Wall Street's price target and make investors significantly richer over the coming year.
Overview
Sandisk (NASDAQ:SNDK) stock has been on a tear over the past year, with shares of the company rising by an incredible 2,400% during this period, as of this writing.
The semiconductor stock's stunning rise is justified by its phenomenal growth. The NAND flash storage products that the company manufactures are in terrific demand from artificial intelligence (AI) data centers, a trend that's likely to continue over the coming year. In fact, I won't be surprised to see Sandisk stock jumping significantly higher over the next 12 months.
Details
Let's see where this high-flying AI stock could be after a year.
Source
Originally published at www.fool.com.
Related Articles
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.