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Why SanDisk Stock Is Soaring to a New All-Time High Today
Key takeaways
- SNDK NVDA ^GSPC ^IXIC San Disk (NASDAQ: SNDK) stock is posting another day of strong gains in Wednesday s trading and has set a new all-time high.
- San Disk is gaining ground thanks to the publication of a new bullish analyst note.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
SNDK NVDA ^GSPC ^IXIC San Disk (NASDAQ: SNDK) stock is posting another day of strong gains in Wednesday s trading and has set a new all-time high. The company s share price was up 5.1% as of 12:15 p.m. ET. Meanwhile, the S&P 500 was down 0.6%, and the Nasdaq Composite was off 0.3%.
San Disk is gaining ground thanks to the publication of a new bullish analyst note. The company s share price is likely also getting a boost from new research covering the memory chip industry.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
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