$SanDisk Corp.(SNDK)$ The blue line on the 16hr candles is the 100 EMA. A solid close above it and it should hold. If it drops below, it turns into a wait-and-see situation.
$SanDisk Corp.(SNDK)$ I think we could see a move to 1800+ first, and then eventually toward 2800. Fair value still looks like 4200 from where I'm standing.
$SanDisk Corp.(SNDK)$ There seems to be a stock split announcement coming before the end of the year, as it keeps moving toward that 1 trillion market cap.
$SanDisk Corp.(SNDK)$ Looking at the current top long candidates coming off the Top Tier Newswire AI screen: MRK, NOC, ABNB, SNDK. The setup looks bullish across these names.
$SanDisk Corp.(SNDK)$ Management wouldn't schedule an Investor's Day on the 13th without having major positive news to announce. Cantor Fitzgerald maintains their $2,900 price target and detailed the reasoning behind it. $1,600 on Friday.
I'm buying this dip. The recent selloff honestly doesn't make much sense to me. The long-term story hasn't changed, and I'm looking at this weakness as an opportunity rather than a reason to panic. AI infrastructure demand, data center growth, and the need for higher-capacity storage are still the bigger drivers here. Short-term volatility is normal, especially after a strong run, but I'm focused on where the business can be over the next few years. I still believe $SanDisk Corp.(SNDK)$ has the potential to become a $3,000 stock if execution continues and the market starts properly valuing the opportunity. For now, I'm sitting back and watching the story play out.