$SanDisk Corp.(SNDK)$ love the charts today
SNDK Surges Again: Tepper Still Betting Big on Memory?
SanDisk gained another 7.50% as David Tepper's Appaloosa fund disclosed its Q1 holdings, with media reports the same day highlighting one investor who turned $25K into over $1.13M in SNDK within a year, igniting 'memory wealth effect' sentiment across markets. SNDK is up over 600% year-to-date, with top macro hedge fund backing at elevated levels reinforcing the AI NAND/HBM demand thesis. Shares extended to $1,638 after hours. Whether Tepper added or trimmed in Q1 is the key question — his continued conviction implies SNDK hasn't peaked, but should investors follow at these levels?
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