Sandisk Is Up More Than 4,900%. Is Now a Good Time to Invest or Did You Miss the Train?

SanDisk stock has surged over 4,900% in the past year, driven by strong demand for NAND flash memory chips in data centers and the company's ability to raise prices during supply shortages. With revenue up 251% year-over-year and gross margins expanding to 78.4%, the stock now trades at a $271 billion valuation. However, analysts caution that much of the easy gains have been made, and investors should expect higher volatility going forward. The memory chip industry is cyclical, and current pricing power may not last indefinitely.