Geopolitics Alpha

Sandisk’s stock just staged a big gain. Here’s how it could march even higher.

Published . Updated .

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GEOPOLITICS ALPHASandisk’s stock just staged a biggain. Here’s how it could marcheven higher.SNDKEVRGEOPOLITICS ALPHA

Various “structural changes” afoot in the memory industry could help Sandisk shares more than double from here, according to an Evercore analyst.

Directly affected

  • SNDK Sandisk

    Named in this report.

  • EVR Evercore

    Named in this report.

Indirectly affected

  • XLF Financial Select Sector SPDR

    Financial Select Sector SPDR holds the financials sector that Evercore belongs to, so it often moves with news about it.

  • BX Blackstone

    Blackstone is a peer of Evercore in investment advice; rivals often move on the same news.

  • KKR Kkr

    Kkr is a peer of Evercore in investment advice; rivals often move on the same news.

  • BAM Brookfield Asset Management

    Brookfield Asset Management is a peer of Evercore in investment advice; rivals often move on the same news.

  • APO Apollo Global Management

    Apollo Global Management is a peer of Evercore in investment advice; rivals often move on the same news.

  • AMP Ameriprise Financial

    Ameriprise Financial is a peer of Evercore in investment advice; rivals often move on the same news.

  • XLK Technology Select Sector SPDR

    Technology Select Sector SPDR holds the technology sector that Sandisk belongs to, so it often moves with news about it.

  • WDC Western Digital

    Western Digital is a peer of Sandisk in computer storage devices; rivals often move on the same news.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
SNDK-17.43%-9.34%baseafter closeafter closeafter closeafter close
EVR-2.59%-0.70%baseafter closeafter closeafter closeafter close
XLF-1.84%-1.07%baseafter closeafter closeafter closeafter close
BX-1.83%+1.73%baseafter closeafter closeafter closeafter close
KKR-1.71%-1.93%baseafter closeafter closeafter closeafter close
BAM-0.13%+3.10%baseafter closeafter closeafter closeafter close
APO-4.57%-0.57%baseafter closeafter closeafter closeafter close
AMP-2.04%-0.30%baseafter closeafter closeafter closeafter close
XLK-6.83%-2.01%baseafter closeafter closeafter closeafter close
WDC-14.55%-7.46%baseafter closeafter closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Various “structural changes” afoot in the memory industry could help Sandisk shares more than double from here, according to an Evercore analyst.

Source: MarketWatch

This story

CompanyWhenMoveStatus
AMPthree days earlier-0.30%final price
AMPfive days earlier-2.04%final price
APOthree days earlier-0.57%final price
APOfive days earlier-4.57%final price
BAMthree days earlier+3.10%final price
BAMfive days earlier-0.13%final price
BXthree days earlier+1.73%final price
BXfive days earlier-1.83%final price
EVRthree days earlier-0.70%final price
EVRfive days earlier-2.59%final price
KKRthree days earlier-1.93%final price
KKRfive days earlier-1.71%final price
SNDKthree days earlier-9.34%final price
SNDKfive days earlier-17.43%final price
WDCthree days earlier-7.46%final price
WDCfive days earlier-14.55%final price
XLFthree days earlier-1.07%final price
XLFfive days earlier-1.84%final price
XLKthree days earlier-2.01%final price
XLKfive days earlier-6.83%final price

Trades by members of Congress and officials in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

This story

12 out of 100

“Sandisk’s stock just staged a big gain. Here’s how it could march even higher.” scores 12 out of 100. The score uses 1 sources.