$Sandisk(SNDK.US)
so sandisk just beat EPS by 75% and revenue by 12%EPS is up 4x YoY and revenue is up 63% YoYstock is up 10x over the past year and was the best performing name in the S&P 500 last year, this year its up 130% YTDis anyone continuing to buy the momentum in memory? obviously cyclical but if the cycle continues…it’s just really, really hard to buy into the strength even though the forward multiples are not necessarily expensive at allone thing is true — all this demand for memory should be very, very bullish for $NVIDIA(NVDA.US) and the street giving premiums to the memory names but not Nvidia feels like that could change after the next earnings when all this memory demand further proves that Nvidia can continue to beat and raise$Sandisk(SNDK.US) +12% after hoursSource: amit
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