Why Sandisk Stock Surged Today
Wall Street is getting more bullish about the flash storage leader's growth prospects.Shares of Sandisk (SNDK +15.44%) popped on Monday, following positive analyst commentary.By the close of trading, Sandisk's stock price was up more than 15%. Sandisk is a prime beneficiary of the AI megatrendThe rapid buildout of artificial intelligence (AI) data centers is creating an urgent need for high-performance storage solutions. This powerful trend plays right into Sandisk's wheelhouse.Sandisk's sales leaped 61% ye ...