3 Surefire Stock Splits to Buy in 2026 - 24/7 Wall St. S&P 5006,587.20 -0.52% Dow Jones45,842.00 -0.63% Nasdaq 10024,242.40 -0.75% Russell 20002,466.98 -0.23% FTSE 10010,067.20 -1.57% Nikkei 22552,528.00 -1.98% Stock Market Live March 19, 2026: S&P 500 (SPY) Slips on Gushing Oil Prices Investing 3 Surefire Stock Splits to Buy in 2026 By Omor Ibne EhsanPublished Mar 19, 11:45AM EDT Quick Read These stocks are getting quite hot this year and their prices are in stock split territory. The coming quarters look ...

Market Overview - Dow Jones futures, S&P 500 futures, and Nasdaq futures showed slight increases, indicating a mixed market sentiment [1] - Oil prices experienced significant volatility, with crude oil futures rising to $86, influenced by potential strategic reserves release amid geopolitical tensions [1] Oracle Earnings - Oracle reported earnings that exceeded expectations, driven by accelerating cloud growth, which positively impacts the AI sector and related private equity investments [1] - Following the earnings report, Oracle's stock surged in after-hours trading, although it had previously declined 1.4% to $149.40 during regular trading [1] Oil Market Dynamics - The International Energy Agency proposed releasing up to 400 million barrels of oil to stabilize prices, significantly higher than the previous record of 182 million barrels released after the Ukraine invasion [1] - U.S. crude oil futures saw a notable decline of 11.9% to $83.45 per barrel, primarily influenced by comments regarding the Iran conflict [1] Stock Performance - The stock market closed flat to slightly down, with the Dow Jones Industrial Average falling 0.1% and the S&P 500 dipping 0.2% [1] - AI infrastructure stocks, including Sandisk, ASML, and Powell Industries, showed strong performance, while software stocks faced resistance and some declined [1] ETF Movements - Among growth ETFs, the iShares Expanded Tech-Software Sector ETF fell by 2.35%, while the VanEck Vectors Semiconductor ETF increased by 0.75% [1] - The ARK Innovation ETF and ARK Genomics ETF saw declines of 1.9% and 3.05%, respectively, indicating mixed performance across sectors [1]

Group 1 - Micron Technology shares fell 2% to $389.12 amid weakness in South Korean memory stocks, with Samsung Electronics and SK Hynix also declining [1][1][1] - Micron has a 12-month gain of 344.77% but is currently trading 4% below its 20-day simple moving average of $406.13 and 29.8% above its 100-day SMA of $300.60 [1][1][1] - The company is set to report earnings on March 18, with estimates for EPS at $8.56 and revenue at $19.10 billion, both significantly up year over year [1][1][1] Group 2 - Western Digital has seen a 60% year-to-date increase in stock price, driven by improved business conditions and demand related to AI and cloud computing [1][1][1] - The company has diversified its supply chain and expanded capacity to navigate supply challenges, with expectations for continued revenue growth [1][1][1] - Customer concentration poses a risk, as three clients account for 46% of H1 FY26 revenue, which could impact results during hyperscaler deployment cycles [1][1][1] Group 3 - The dip in Micron's stock highlights the influence of South Korean memory market movements on US trading, especially with an important earnings report approaching [1][1][1] - Western Digital's rebound reflects an improving sector cycle and AI-driven demand, but elevated valuations and customer concentration may limit potential for disappointment [1][1][1]

Group 1 - SanDisk stock (NASDAQ: SNDK) surged about 11% on Thursday, indicating strong market performance [1] - The company's stock performance is attributed to its role in the growing "AI infrastructure" sector, highlighting its relevance in current technological trends [1] - The significant increase in share price reflects a broader momentum in the flash memory market, particularly driven by demand from AI applications [1]

Core Viewpoint - Sandisk stock has experienced a remarkable increase of 1,219% since its IPO, significantly boosting its market capitalization and providing substantial returns to early investors [2][5]. Company Performance - Sandisk's stock was initially priced at $38.50 during its IPO in February 2025 and has surged to $508 by January 28, 2026 [1]. - The company's market capitalization rose from approximately $6.7 billion to over $70 billion due to this stock performance [2]. - An investment of $1,000 at the IPO would have yielded profits of $12,190, illustrating the stock's impressive growth [2]. Recent Trading Activity - As of the latest closing price of $481.43, Sandisk shares increased by 5.52% in the extended session from January 27 to January 28, 2026, resulting in a total value of $12,500 for the initial $1,000 investment, equating to a profit of $11,500 [4]. Company Background - Sandisk, founded in 1988, was acquired by Western Digital in 2016 and spun off again in February 2025, marking its return to the stock market [5]. - The company specializes in flash memory, distinguishing itself from Western Digital's primary hard drive products [6]. Industry Context - The significant rise in Sandisk's stock is attributed to the growing demand for digital infrastructure driven by the ongoing artificial intelligence boom [6]. - Sandisk is currently collaborating with five major hyperscale customers, indicating its strategic positioning within the industry [7].

Core Insights - Teradyne (TER) is experiencing significant growth in memory test solutions, primarily due to the rising demand driven by AI applications and data center investments, with memory test sales reaching $128 million in Q3 2025, a 110% sequential increase from Q2 2025 [1][10] Group 1: Demand and Revenue - The growth in Teradyne's memory revenue is largely attributed to the increasing demand for High Bandwidth Memory (HBM) and DRAM, which constituted 75% of the memory revenue in Q3 2025, primarily supporting AI applications [2][10] - Flash memory, accounting for 25% of memory revenue, is mainly driven by cloud SSD applications in AI data centers [2] Group 2: Product and Market Position - Teradyne's Magnum 7H product is a key driver in the HBM performance test market, supporting multiple generations of HBM technology, which positions the company favorably in the memory test market [3] - Despite a challenging memory market in 2025, Teradyne's memory revenue remains resilient, supported by AI-driven demand, with expectations for continued growth in Q4 and 2026 [4] Group 3: Competition - Teradyne faces stiff competition from Advantest Corporation and KLA Corporation, both of which are expanding their presence in the AI infrastructure space [5] - Advantest's introduction of the M5241 Memory Handler for AI and high-performance memory testing is a notable development, with shipments expected in Q2 2026 [6] - KLA is capitalizing on the demand for AI infrastructure through its leadership in process control and advanced packaging, with its advanced packaging systems revenue projected to exceed $925 million in 2025, reflecting a 70% year-over-year increase [7] Group 4: Stock Performance and Valuation - Teradyne's stock has surged 147.5% over the past six months, significantly outperforming the Zacks Computer & Technology sector and the Zacks Electronics - Miscellaneous Products [8] - The stock is currently trading at a forward 12-month Price/Sales ratio of 9.67X, higher than the industry average of 6.95X, indicating a premium valuation [12] - The Zacks Consensus Estimate for fiscal 2025 earnings is $3.54 per share, suggesting a year-over-year growth of 9.94% [14]

Core Viewpoint - Sandisk has experienced a significant stock price increase of approximately 1,050% since its re-entry into the public market as a spinoff from Western Digital, indicating strong market performance and investor interest [2][3]. Company Performance - Sandisk's stock surged after its separation from Western Digital, allowing it to concentrate on its flash memory business, which is in high demand due to the current AI boom [3][4]. - The company reported a 26% increase in data center revenue in the latest quarter, reaching $269 million, marking it as one of the fastest-growing segments for Sandisk [4]. Industry Context - The demand for high-speed digital storage has surged due to the requirements of AI, leading to a supply shortage that Sandisk has capitalized on by raising prices for its storage products [3][4]. - The overall market for flash memory is expected to grow as data centers increasingly require more storage solutions to support AI applications [3].

Group 1 - Micron Technology (MU) has topped Investor's Business Daily's IBD 50 list due to strong profit and sales growth, as well as superior stock performance [4] - Micron's stock is currently trading near its all-time high of 351.23, which was reached recently [4] - The company specializes in dynamic random-access memory (DRAM) chips, flash memory, and solid-state drive storage components [4] Group 2 - The Dow Jones index rose while the Nasdaq index declined, affected by a rotation in technology stocks, including Micron, Nvidia, and Palantir [5] - The performance of AI stocks has been under scrutiny, with Micron and others experiencing a downturn [5]

Core Insights - Sandisk (SNDK) has experienced a significant stock rally, increasing by 30% in a single day, and has seen a nearly 1,000% rise since its return to public markets in February 2025 [1][2] - The company was previously acquired by Western Digital (WDC) in 2016 and has since transformed from a legacy storage brand to the top-performing stock in the S&P 500 [2][6] - SNDK's market capitalization currently represents only 0.09% of the S&P 500 index, despite its impressive performance [4] Company Performance - SNDK was added to the S&P 500 in November 2025, and its inclusion has led to mandatory buying from index funds, although this process is still in its early stages [4] - The stock is currently valued at 7 times trailing sales, indicating it is not inexpensive given its recent performance and potential role in the artificial intelligence (AI) sector [4][6] - The company is positioned as a leader in the flash memory market, which is becoming increasingly important as AI technology evolves [6] Market Dynamics - The lack of representation of SNDK in major semiconductor ETFs, such as the Semiconductor Ishares ETF (SOXX), highlights a gap in institutional investment in the stock [7] - The timing of SNDK's spinoff and the lag in index rebalancing have resulted in a concentration of ETFs in a few niche players and large tech companies, which may have caused investors to miss significant gains [8]

Group 1 - The top performer in the S&P 500 Index for the year is SanDisk Corp (NASDAQ:SNDK), which began trading in early February and joined the index in late November [2] - SNDK has experienced a remarkable increase of 268.2% over the last nine months, with shares rising from an initial trading price of $36 to a record high of $284.59 on November 12 [3] - Despite the strong performance, short interest in SNDK has increased by 22.8% in the last two reporting periods, indicating potential concerns over AI overvaluation and suggesting the possibility of a short squeeze in 2026 [5] Group 2 - SanDisk is a spinoff of Western Digital (WDC), which ranks as the second-best performer in the S&P 500 Index [2] - The stock has shown resilience against volatility, reflected in its Schaeffer's Volatility Scorecard (SVS) rating of 89 out of 100 [5]