To The Moon

$SanDisk Corp.(SNDK)$ Cantor Fitzgerald is calling for $2,900. Friday's $1,600 is only a bit more than halfway there, but at least it's headed in the right direction.

$SanDisk Corp.(SNDK)$ $1,600 on Friday. Right after the investor day event.

$SanDisk Corp.(SNDK)$ This would normally be a little too rich for my blood, but there's way too much upside not to throw some coin at it. Even if it's just 3-4 shares.

Here are the top 15 performers of 2026 so far, part 1. The biggest movers: $AXT Inc(AXTI)$  up 442%, $SanDisk Corp.(SNDK)$  up 411%, $Aehr Test(AEHR)$  up 411%, $Applied Optoelectronics(AAOI)$  up 289%, $Twist Bioscience Corp(TWST)$  up 265%. Those numbers are wild. The biggest winners show just how powerful momentum can be when a theme catches fire. I'm watching the next names closely to see where the rotation continues. The next market update is coming soon.

$SanDisk Corp.(SNDK)$ It's getting interesting again. The stock is nearly 50% below its recent high, yet the underlying cash generation is hard to ignore. The company just produced roughly $7.1B in quarterly free cash flow, or around $45.70 per share. Obviously, I wouldn't assume that level of FCF is going to repeat every quarter. Memory is cyclical, and the numbers can swing quickly. That's the part I'm watching closely. But if even a fraction of this cash-generation strength proves durable, the current valuation starts looking a lot more interesting to me. After a big drawdown, I'd rather focus on what the business is actually generating than simply stare at the chart. The key now is whether the fundamentals can support the recovery. Let's

$SanDisk Corp.(SNDK)$ It's starting to look seriously interesting if even part of this FCF strength proves durable. The company just generated roughly $7.1B in quarterly free cash flow, or around $45.70 per share. And yet the stock is still trading nearly 50% below its recent high. That's the disconnect I'm watching. Obviously, one quarter doesn't prove a permanent FCF run rate. But if even a meaningful portion of this cash generation sticks around, the current valuation starts looking very hard to ignore.

$SanDisk Corp.(SNDK)$  I think the market might be underestimating this story. The part I keep coming back to is how fast the data center business has changed. In just five quarters, revenue in this segment has grown about 15x as AI inference demand pushes storage requirements higher. What matters now is visibility. With roughly $94B in contracted revenue, multi-year commitments, and supply already being secured, this is no longer just a short-term AI hype trade. I don't expect pricing power to stay this strong forever, and near-term margins could cool. But the bigger thesis doesn't disappear. New business agreements, continued data center growth, mid-teens bit growth, and share count reduction can still drive v

$SanDisk Corp.(SNDK)$ Sandisk Corp PT cut to $1,750 from $3,000 at Jefferies. So they were wrong at $3,000. What makes them think they're right at $1,750? These analysts just pull numbers out of nowhere and throw them at the wall hoping something sticks. Who actually pays for this?

$SanDisk Corp.(SNDK)$ Bears who didn't cover must be having a rough time right now.

$AppLovin Corporation(APP)$ Another one of those pure popcorn earnings plays after the close. $IONQ Inc.(IONQ)$  and $SanDisk Corp.(SNDK)$  volume has been pretty light so far, so there isn't much conviction behind the moves. Not really surprised by that. Could go either way.