Listen to any hyperscaler earnings call and you’ll hear about bottlenecks in the memory and storage space. As the need for speed and capacity increases, core storage suppliers benefit massively. One AI storage stock critical to the AI buildout is SanDisk Corp. (SNDK), notes Lucas Downey, co-founder of MoneyFlows.
The $305 billion NAND flash player has gained an incredible 4,100% over the past year. Even more remarkable is the subdued P/E that’s held below 11 during this record rally.
One look at the explosive earnings picture, makes this wicked rally understandable. Fiscal year 2026 EPS is estimated to reach $65.50. But look out further and that number triples to $204.83 in FY 2028. Folks, whenever EPS is ramping this fast, the bottleneck is severe…and profitable.
Our job at MoneyFlows is to find the biggest themes in the market, EARLY. And we do. To prove this, here’s the daily flows chart of SNDK. All of these green bars highlight the discrete days when SanDisk shares were quietly being accumulated.
One of the biggest sweeping trends of the past year was kicked off by institutional buy pressure beginning at $50.
Recommended Action: Buy SNDK.
