Sandisk Stock: Buy, Sell, or Hold?

• Sandisk (SNDK) stock has quintupled YTD with strong growth. • Samsung's multiyear deals with Nvidia, Microsoft, Alphabet boost sector outlook. • Sandisk's fast revenue growth and low P/E make it a compelling buy. Sandisk (SNDK) stock has surged over 5x YTD, yet its rally appears ongoing. Recent multiyear memory deals by Samsung with Nvidia, Microsoft, and Alphabet are expected to benefit Sandisk, which has outpaced Samsung in revenue growth (372% vs 130% YoY). These contracts and AI-driven demand are reducing cyclicality in memory chips, giving Sandisk improved pricing power and long-term visibility. The company shifted from a net loss to $6.9B net income (77% margin), yet trades at a modest 20x P/E, making its shares attractive for long-term investors.