$SanDisk Corp.(SNDK)$ I've held SNDK since before WDC bought and spun them out, so it's been a long time. The thesis for AI build-out remains intact and expanding—you can't have AI without memory. Applications, the top layer, can compete; CPU and GPU can fight it out, but memory is universal. Short term, SND will hit 2500 dollars, and the long term is 7000 dollars. This is a time frame of 6 months to 3 years. Do your own research. This annoying period we're in now is similar to a 6-week phase we went through earlier, more like a consolidation and show-me period. This is my opinion, and good luck to longs.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments