Shyon
08-14
I would choose B. Stay bullish, but wait for a pullback. I like SNDK’s $SanDisk Corp.(SNDK)$ long-term story, especially its multi-year contracts, supply discipline and potential for much higher margins. If these can genuinely reduce NAND cyclicality, I understand why Goldman sees US$2,200 as achievable.

However, after a roughly 467% YTD rally and another 13.6% jump in one day, I wouldn’t chase it. Expectations are already extremely high, while the 80% margin target and HBF opportunity still need to be proven. I would rather let the market cool down and see whether the fundamentals continue to catch up with the valuation.

For me, US$2,200 is possible, but I don’t need to chase it today. I’d rather wait for a meaningful pullback and add if the long-term thesis remains intact.

@Tiger_comments @TigerStars @TigerClub @Capital_Insights

SanDisk Surges 35% in a Week — Is Capacity Locked Through 2028?
Memory's best week of the year. SanDisk +35% on closing prices ($1,212.21 → $1,641.11), Micron +2.30% for a fourth straight gain, Western Digital +4.41%, SK Hynix +0.40%. Beyond the Investor Day roadmap: eight signed customer agreements covering ~half of FY27 capacity and two-thirds of FY28, plus HBF samples for AI inference customers next year — the basis for that 80% gross margin target. Bears point to yen appreciation eroding it, given Japanese production, and Druckenmiller exited Micron in Q2. SanDisk, Micron, SK Hynix, or Western Digital?
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

  • XianLi
    08-14
    XianLi
    Trimmed some around 180 too, not chasing after a 467% run. Long term still works, but what even counts as a meaningful pullback here?
    • Shyon: 
      180? which counter you refers to
Leave a comment
2