Should You Buy Sandisk Stock After Its $14 Billion Buyback Announcement?
The $14 billion buyback is a big deal that was tucked away in a superb earnings report.
Overview
Sandisk (NASDAQ: SNDK) has been the hottest stock in the S&P 500, and its $14 billion buyback can extend the rally. Buybacks artificially increase stock prices by reducing the number of shares outstanding, but there are a few subtle signals they can provide.
While buybacks aren't always good, they are in this case and warrant a closer look into Sandisk.
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Details
Source
Originally published at www.fool.com.
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