Sandisk Corp (NASDAQ:SNDK) has become one of the market’s biggest AI winners, but one ETF expert believes the stock’s breathtaking run may have gone too far. Asked which AI stock he’d avoid despite the hype, GraniteShares CEO Will Rhind didn’t point to a struggling company.
Instead, he singled out one of the market’s biggest success stories, arguing that SanDisk’s remarkable rally has left investors with little margin for disappointment. “This isn’t a knock on the business. NAND demand is very real,” Rhind told Benzinga in an exclusive email interview. “It’s about the setup.”