This Is the Only Stock in the S&P 500 That's Been a Hotter Buy Than Micron Technology This Year
As of the end of last week, shares of Sandisk were up around 780%.
Overview
As of the end of last week, shares of Micron Technology (NASDAQ: MU) were up close to 300% since the beginning of the year. It has been among the hottest stocks to own. But what may surprise you is that despite such impressive gains, it's still not the best-performing stock on the S&P 500.
The one S&P 500 stock that's been outperforming Micron this year is Sandisk (NASDAQ: SNDK). Its gains of over 780% have dwarfed Micron's performance. It's also a big name in the memory market, and so it may not be all that surprising that it's been doing well given the ongoing supply shortages. The big question, however, is whether it can still go higher.
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Originally published at www.fool.com.