“SNDK is a value play on AI-driven flash storage demand with strong pricing power, a 9.8 forward PE, and an analyst target of $3,100, making it cheap despite a 683% run.”
Why he says it — point by point
FAVORABLE & AGAINST · BOTH KEPTWhy
The flash storage, ND flash storage turned SanDisk into a monster runner. I love it. AI is eating storage up.
Pricing power is real. Look at that. 9.8 forward earnings. Even after the massive run, this is still cheap. It is absolutely a value play.
One analyst just went from 1400 to 3,100 on this. And I absolutely could see that happening as well.
Next catalyst earnings August 5th investor day August 13.
The structured call
The receipt
Publish-day price $$1,757.82 · the claim is anchored to the moment it was said.