Sandisk Stock: Buy, Sell, or Hold?

Sandisk stock has quintupled year-to-date and appears poised for further gains as Samsung's announcement of multiyear memory chip deals with Nvidia, Microsoft, and Alphabet through 2031 intensifies the memory shortage. Sandisk is growing faster than Samsung (372% vs 130% YoY revenue growth) and securing similar long-term contracts, providing revenue visibility and pricing power. With a 77% net profit margin and only a 20 P/E ratio, the company is well-positioned to capitalize on sustained AI-driven demand for memory chips.