Company Performance - Sandisk was the best-performing stock in the S&P 500 index last year, achieving a remarkable return of 559% from its public trading start in February 2025 through the end of the year [1] - As of 2026, Sandisk shares have increased by another 59%, maintaining its position as the best performer in the S&P 500 [6] Industry Trends - The demand for memory and data storage devices, particularly those utilizing NAND flash technology, is experiencing significant growth, driven by the expansion of artificial intelligence (AI), cloud services, and device proliferation [3] - NAND technology is projected to grow at a compound annual growth rate of 13% due to these trends [3] - There is a notable shortage of memory chips, leading to increased prices; contract prices for solid-state memory devices are expected to rise at least 40% quarter over quarter in the first quarter of 2026 [5] Company Overview - Sandisk, headquartered in Milpitas, California, specializes in data storage devices based on NAND flash technology, which retains data without a power source [2]
This Stock Beat the Entire S&P 500 in 2025. It's Doing It Again This Year.