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Jim Cramer on Sandisk: “That’s Extremely Cheap for a Growth Stock”
Insider Monkey102d agoneutral
Jim Cramer on Sandisk: “That’s Extremely Cheap for a Growth Stock”

Sandisk Corporation (NASDAQ:SNDK) was one of the stocks Jim Cramer looked at during Mad Money’s episode. Cramer explained how the stock sells for relatively cheap despite huge runs, as he said: Western Digital and Sandisk have similar trajectories. That’s why their stocks can keep charging higher even though the moves seem just crazy. In reality, […]

Jim Cramer on Seagate: “They’re Practically Printing Money”
Insider Monkey102d agoneutral
Jim Cramer on Seagate: “They’re Practically Printing Money”

Seagate Technology Holdings plc (NASDAQ:STX) was one of the stocks Jim Cramer looked at during Mad Money’s episode. Cramer highlighted the company’s fall and impressive rise in earnings, as he commented: The storage stocks, Sandisk, Western Digital, and Seagate, being the big three, just don’t know when to quit. They’ve been on insane runs because […]

CBOE VIX Slides Toward 17 as Oil Retreat and Tech Stock Surge Restore Risk Appetite
24/7 Wall St.102d agobullish
CBOE VIX Slides Toward 17 as Oil Retreat and Tech Stock Surge Restore Risk Appetite

The CBOE Volatility Index (^VIX) is drifting back toward the 17 line as optimism returns to the S&P 500 and capital rotates into stocks. The VIX closed near 18 on Monday after dipping to almost 17 late last week, well below the peak above 31 recorded in late March. In a display of a shifting ... CBOE VIX Slides Toward 17 as Oil Retreat and Tech Stock Surge Restore Risk Appetite

Memory Makers Are the Hottest Thing in Tech. Are They Making Too Much Money?
The Wall Street Journal102d agoneutral
Memory Makers Are the Hottest Thing in Tech. Are They Making Too Much Money?

Profits have never been a sure thing in the volatile industry. Memory chip makers Micron Technology and Sandisk as well as hard-drive makers Seagate and Western Digital have all produced annual operating losses at least once in just the last three years. Sandisk and Micron are now generating around 80 cents of gross profit for every dollar of revenue.

Sandisk Spun Off From Western Digital Just Last Year. Now It’s a $200B Company.
Barrons.com103d agoneutral
Sandisk Spun Off From Western Digital Just Last Year. Now It’s a $200B Company.

Sandisk shares rose once more Tuesday, with the memory-chip company looking to join the likes of McDonald’s Verizon and PepsiCo when it comes to market value. Sandisk stock is currently on pace to surpass a $200 billion market capitalization for the first time since the company completed its spinoff from Western Digital on Feb. 24, 2025, according to Dow Jones Market Data. Sandisk advanced 13% to $1,413 on Tuesday, as investors continue to bet that the boom in construction of artificial-intelligence data centers will drive up memory demand.

Western Digital (WDC) Valuation Check As Strong AI Storage Demand And Dividend Hike Lift Investor Interest
Simply Wall St.103d agoneutral
Western Digital (WDC) Valuation Check As Strong AI Storage Demand And Dividend Hike Lift Investor Interest

Western Digital (WDC) is back in focus after reporting third quarter fiscal 2026 results, with year-over-year growth in sales and earnings, a 20% dividend increase, and stronger AI driven storage demand. See our latest analysis for Western Digital. The stock has surged recently, with a 49.97% 1 month share price return and a 135.67% year to date share price return. The 1 year total shareholder return is very large, signalling strong momentum around the AI storage theme and recent earnings,...

SanDisk’s Latest Results Reset Expectations Again
Trefis103d agoneutral
SanDisk’s Latest Results Reset Expectations Again

Here’s a number that makes you look twice: in a single quarter, SanDisk (NASDAQ: SNDK) generated nearly $3 billion in free cash flow, posted EPS of $23.41 vs estimates of $14.62, and then guided the next quarter to as much as $8.25 billion in revenue. About a year ago, the stock was at $40. Now it’s around $1,400. That’s not hype, it’s timing, execution, and a massive shift in demand all lining up. See, SanDisk’s Surge Explained: What’s Fueling the Move.

AI Boom Drives Western Digital Toward $500 Target
24/7 Wall St.103d agoneutral
AI Boom Drives Western Digital Toward $500 Target

Our Western Digital (NASDAQ:WDC) call is straightforward: the AI-driven HDD upcycle still has room to run, and the stock’s parabolic move higher is supported by accelerating fundamentals. Our 24/7 Wall St. price target for Western Digital is $512.93, implying 15.95% upside from $442.36 over the next 12 months. We rate WDC a buy with high ... AI Boom Drives Western Digital Toward $500 Target

Stocks Climb as Middle East Ceasefire Holds
Barchart103d agoneutral
Stocks Climb as Middle East Ceasefire Holds

The S&P 500 Index ($SPX ) (SPY ) today is up +0.64%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.32%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.08%. June E-mini S&P futures (ESM26 ) are up +0.62%, and June E-mini Nasdaq futures...

High Growth Tech Stocks In US With Promising Potential
Simply Wall St.104d agoneutral
High Growth Tech Stocks In US With Promising Potential

In the last week, the United States market has stayed flat, yet it has experienced a significant rise of 28% over the past 12 months, with earnings expected to grow by 16% per annum in the coming years. In this context of robust growth potential and market stability, identifying high growth tech stocks involves looking for companies with strong innovation capabilities and scalable business models that align well with these positive trends.

Jim Cramer Says Stocks Like Seagate  “Are Really Overextended” For Him
Insider Monkey105d agoneutral
Jim Cramer Says Stocks Like Seagate “Are Really Overextended” For Him

Seagate Technology Holdings plc (NASDAQ:STX) was among the stocks Jim Cramer highlighted, as he discussed the massive AI infrastructure buildout. Cramer was slightly bearish on the stock during the episode, as he commented: Seagate, which had just reported a terrific quarter, but with Western Digital, Sandisk, those stocks though, are really overextended for me. They’re […]

WDC Q1 Deep Dive: AI Storage Demand and New Product Roadmap Take Center Stage
StockStory106d agoneutral
WDC Q1 Deep Dive: AI Storage Demand and New Product Roadmap Take Center Stage

Leading data storage manufacturer Western Digital (NASDAQ: WDC) reported Q1 CY2026 results exceeding the market’s revenue expectations, with sales up 45.5% year on year to $3.34 billion. On top of that, next quarter’s revenue guidance ($3.65 billion at the midpoint) was surprisingly good and 4.8% above what analysts were expecting. Its non-GAAP profit of $2.72 per share was 13.7% above analysts’ consensus estimates.

Why Western Digital (WDC) Is Up 6.9% After Q3 Beat And Margin Surge On AI Storage Demand
Simply Wall St.106d agobullish
Why Western Digital (WDC) Is Up 6.9% After Q3 Beat And Margin Surge On AI Storage Demand

Western Digital reported fiscal third‑quarter 2026 results with sales of US$3,337 million and net income of US$3,205 million, significantly higher than a year earlier, alongside EPS gains and a dividend increase. The company’s margin expansion above 50% and emphasis on AI-driven demand for high-capacity HDDs and UltraSMR technology point to a business increasingly anchored in data‑center and AI storage workloads. With earnings beating expectations and gross margins surpassing 50%, we’ll now...

Stocks to Watch Friday: Apple, Roblox, Sandisk
The Wall Street Journal106d agoneutral
Stocks to Watch Friday: Apple, Roblox, Sandisk

↗️ Apple (AAPL): The iPhone maker's revenue soared as customers continued to upgrade their devices. Shares were up 3% in afternoon trading. ↘️ Roblox (RBLX): The videogame company cut its full-year guidance as efforts to boost its safety features weighed on its latest quarterly results.

Spring Fever — Heard on the Street Recap
The Wall Street Journal106d agoneutral
Spring Fever — Heard on the Street Recap

Oil prices fell and tech stocks extended gains after Iran shared its latest proposal for negotiations. Brent crude futures fell about 2% on Friday to around $108 a barrel. Both indexes finished April with their largest monthly gains since 2020, as investors looked past the war in Iran and focused instead on strong earnings.

Citi Raises Western Digital Price Target to $500: Is the HDD Bull Case Just Getting Stronger?
24/7 Wall St.107d agoneutral
Citi Raises Western Digital Price Target to $500: Is the HDD Bull Case Just Getting Stronger?

Western Digital (NASDAQ:WDC) stock just received its most aggressive price target raise of the cycle. Citi lifted its price target to $500 from $405, maintaining a Buy rating, citing a beat-and-raise quarter and improving visibility into AI-driven hard disk drive (HDD) demand. The move arrives alongside fresh revisions from Barclays and UBS, sharpening the debate ... Citi Raises Western Digital Price Target to $500: Is the HDD Bull Case Just Getting Stronger?