SanDisk Hits Record High, But ‘Priced To Perfection’

By | July 15, 2014

Scalper1 News

Flash-memory chipmaker SanDisk (SNDK) faces high expectations ahead of its second-quarter earnings, due after the market close on Wednesday. SanDisk stock is trading at record levels. SanDisk hit an all-time high of 107.13 in morning trading on the stock market today, but by late morning it had reversed and was flat, near 105.50. Analysts polled by Thomson Reuters expect SanDisk to earn $1.39 a share excluding items, on sales of $1.6 billion, in Scalper1 News

Scalper1 News