Sandisk Is Up More Than 4,900%. Is Now a Good Time to Invest or Did You Miss the Train?
Key takeaways
- SNDK NVDA Imagine investing $1,000 into a stock and one year later, that position is worth over $50,000.
- But curious investors who haven t yet added it to their portfolios will no doubt be wondering: Is all the magic gone, or does this stock still have room to run?
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
SNDK NVDA Imagine investing $1,000 into a stock and one year later, that position is worth over $50,000. That s exactly what has happened with Sandisk (NASDAQ: SNDK): In the past 12 months, the stock has risen by more than 4,900%.
Being in the right place to capitalize on gains like those is often a matter of luck, and with the ongoing AI boom and the data center infrastructure build-out, memory giant Sandisk has undoubtedly found itself at the right business at the right time. But curious investors who haven t yet added it to their portfolios will no doubt be wondering: Is all the magic gone, or does this stock still have room to run?
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 »