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Barchart

Wajeeh Khan

Intel Is Leading SanDisk Higher. Should You Chase SNDK Stock Today?

SanDisk SNDK Intel Corporation Barchart Semiconductor

SanDisk (SNDK) shares pushed higher on Friday as Intel’s (INTC) strong Q1 earnings and upbeat future guidance buoyed the entire semiconductor and storage sector.

Even after the surge, SNDK’s relative strength index (RSI) is hovering around 68 only, indicating the stock still hasn’t slipped into overbought territory.

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