Milpitas, California-based Sandisk Corporation (SNDK) develops, manufactures, and sells data storage devices and solutions using NAND flash technology. Valued at $84.5 billion by market cap, the company offers memory cards and readers, USB flash, micro SD cards, and digital audio players.
Shares of this flash memory titan have significantly outperformed the broader market on a YTD basis. SNDK has gained 180.2% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 15.5%. Over the past six months, SNDK stock is up significantly, surpassing the SPX’s 1.9% rise over the same time frame.
