The Sandisk Rally Isn't Over Yet
Sandisk's share price is up by more than 4,850% over the past year, but there are still more gains in store.
The Sandisk Rally Isn't Over Yet
Overview
It's easy to think that you missed out on an opportunity after a growth stock has trounced the S&P 500, but the Sandisk (NASDAQ: SNDK) rally doesn't seem to be over. The company benefits from a multi-year growth opportunity that sets the stage for accelerated revenue and net income growth.
When most people think of AI, they immediately think of Nvidia. However, investors can make more money by focusing on smaller components of AI, such as memory chips. Its NAND flash memory technology is critical for AI chips that process substantial amounts of data. Without good memory products, AI chips would experience significant performance drops, and some workloads would stop functioning.
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.



