Sandisk: Dirt Cheap For No Good Reason (Rating Upgrade)

Bay Area Ideas 5.67K Followers Follow Summary Sandisk Corporation is upgraded to a Strong Buy, driven by extraordinary AI-fueled growth and a deeply discounted valuation. SNDK delivered 371.6% YoY revenue growth and nearly 60 percentage points of gross margin expansion, with robust operating leverage and EPS outperformance. AI and cloud infrastructure demand are powering a supercycle, while new long-term contracts and business models aim to reduce cyclicality risk. Despite emerging risks from CXMT and sector cyclicality, Sandisk’s strategic positioning, innovation, and attractive forward multiples present a compelling multiyear opportunity. alacatr/iStock Unreleased via Getty Images Introduction Back in May, I initiated coverage on one of the most important AI memory names out there. Of course, I'm talking about Sandisk Corporation ( SNDK ). In that article, it was shown that This article was written by Bay Area Ideas 5.67K Followers Follow I'm a full-time investor with a strong focus on the tech sector. I graduated with a Bachelor of Commerce Degree with Distinction, major in Finance. I'm also a proud lifetime member of the Beta Gamma Sigma International Business Honor Society. My core values are: Excellence, Integrity, Transparency, & Respect. I always, to the best of my ability, hold true to these values which I believe are key for long-term success. I would like to invite all of my readers to leave their constructive criticism and feedback in the comments section so that I can further enhance the quality of my work moving forward. Thank you and God Bless America! Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.