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Why Sandisk Stock Popped Today
['Rich Smith', 'The Motley Fool', 'Wed', 'August', 'At Pm Gmt', 'Min Read']
Yahoo Finance
Sandisk stock is up 7.2% through 9:50 a.m.
The companies say their 9th-generation flash chips both read and write data 33% faster than the previous 8th-generation chips and are more power-efficient.
Valued at $181 billion today, Sandisk's stock price has come down a lot since closing at a record $2,335 in late June.
But at this price, just maintaining its current position in the memory market should be enough to make Sandisk stock a winner.
Before you buy stock in Sandisk, consider this:The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Sandisk wasn't one of them.