u/Sharp_Blackberry_902

You should learn from MU and see how fast they grow.

"We're from the government, and we're here to help."

Back in the 1980s, this was the punchline to a Ronald Reagan joke: "What are the nine most terrifying words in the English language?" It's gaining currency today on worries global governments may impose windfall profits taxes on AI companies.

Sandisk (SNDK7.96%) stock is suffering in response, its shares down 5.8% through 10:20 a.m. on worries government is about to kill the golden AI goose.

I think everyone is already very familiar with MU. Let’s talk about SNDK today.

SNDK is significantly undervalued. FY2026 forward PE is only 12. Find me company growing 260%, crushing earnings, and 80% margins with significant pricing power with significant demand for a PE ratio of 12. SNDK is severely undervalued and this is just the beginning. It will take a few days for idiots to realize this

SNDK used to be part of WDC which is trading at 24x forward P/E even though Sandisk is arguably a better company with faster growth potential. Micron is at 30x. Sandisk fair price is $3k-$4k and will reach there in a few days as people are just starting to realize this.

SNDK has zero debt and bought back $6 bn in stock. Management is investing all their wealth into the stock. Heard from customers that SNDK will increase pricing by 50%, but customers will purchase as the winner in AI will take all the market Share. If that doesn't scream management confidence, I don't know what it is. ------From a friend on my Reddie forum

Don't worry about what others think. Trust your own judgment.

Recently reported a 251% year-over-year revenue increase (Q3 2026) to $5.95 billion, driven by AI data center demand.