$SanDisk Corp.(SNDK)$ I think we could see $2,000 fairly soon. At SanDisk's Investor Day on August 13, 2026, CFO Luis Visoso mentioned the company plans to return 100% of excess cash to shareholders after investing in the business. That kind of statement suggests management is confident about where things are headed.
$SanDisk Corp.(SNDK)$ Some were waiting for 800, 700, 600 and those levels never came. Waiting too long sometimes means missing the move entirely. 1000 really looked like a gift at the time, honestly didn't think it would pull back that far. Next target 2K.
$SPDR S&P 500 ETF Trust(SPY)$ All-time highs on a few names getting a lot of attention lately. Feels like the kind of environment where it's easy to get distracted by the noise, but the bigger picture still matters.
$SanDisk Corp.(SNDK)$ This company looks significantly undervalued to me. If High Bandwidth Flash starts selling next year, revenue and profits could really take off over the next 1 to 4 years. Feels like a huge opportunity ahead.
$SanDisk Corp.(SNDK)$ Sandisk had three years of negative free cash flow, which basically made share buybacks impossible. That shifting now would be a pretty big deal for the company. On top of that, analysts polled by S&P Global Market Intelligence are projecting Sandisk will generate more than $100 billion in free cash flow through 2029, so it's not hard to imagine them buying back more than half the stock over the next three years.