SPAL
17.3803.95%
J
Jul 24 at 05:00 AM
$SpaceX(SPCX.US)$Sandisk(SNDK.US)
SanDisk is a short candidate because its valuation appears stretched after a strong rally, leaving little room for disappointment. If earnings or guidance fall short of high market expectations, investors may take profits, leading to a sharp price correction. The cyclical nature of the NAND memory market also adds downside risk.
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