SNDK, PTGX and LION made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on July 13th, 2026.
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While the Nasdaq bleeds and investors pile into healthcare and staples at record highs, one Wall Street strategist is shopping the wreckage in memory chips, and her valuation case is harder to dismiss than it looks.
A single brokerage note out of Seoul just triggered the biggest single-day drop in SK Hynix history, and the shockwaves are now tearing through U.S. memory stocks that were up as much as 700% this year.
SanDisk, Micron, Digital Turbine and HPE surge more than 100% YTD but still trade below the tech sector's forward P/E average.
Sandisk stock has been in a bit of slump lately but analysts are still in love with the memory storage play, perhaps even more so than ever. The shares, which have slumped 16% to $1,915 in July, got a new $3,100 price target from Evercore ISI analyst Amit Daryanani in a note Sunday, up from $1,400. Investors were still underappreciating Sandisk Monday as the stock fell around 5% ahead of the open.
US stocks are set for a weaker start to the week after last week finished on a positive note, with technology shares expected to come under the most pressure as investors balanced renewed geopolitical tensions against a busy week for inflation data and the start of bank earnings...
Sandisk stock has been in a bit of slump lately but analysts are still in love with the memory storage play, perhaps even more so than ever. The shares, which have slumped 16% to $1,915 in July, got a new $3,100 price target from Evercore ISI analyst Amit Daryanani in a note Sunday, up from $1,400. Investors were still underappreciating Sandisk Monday as the stock fell around 5% ahead of the open.
Micron and Sandisk have climbed in the triple and quadruple digits, respectively, over the past year.
July 13 (Reuters) - Futures tied to the S&P 500 and the Nasdaq fell on Monday, as a fresh escalation between Iran and the U.S. in the Gulf rattled investors' sentiment, drove oil prices higher and
↘️ SK Hynix (KR:000660, SKHY): The chipmaker’s Korean shares sank more than 15%, its biggest one-day drop on record, as investors cashed out after its ADRs’ Nasdaq debut on Friday sparked a price rally.
Oil prices jumped and Asian shares were mostly lower Monday after the U.S. carried out airstrikes and Iran retaliated. The price of Brent crude, the international standard, gained 3.9% to $78.96 per barrel, while U.S. benchmark crude oil added 4% to $74.26 per barrel. Prices for both types of crude oil recently had slipped back to the levels they were at before the war with Iran began, after the two sides set an interim agreement on ending the conflict and ships resumed transporting oil through the Strait of Hormuz.
The moves come after SK Hynix’s blockbuster Nasdaq debut on Friday that sent its shares up nearly 13%.
The memory market is in the up phase of a powerful supercycle, and Micron and Sandisk could benefit from it for years.
I have been tracking SanDisk's numbers. It’s one of my favourites. Why? Its performance, and the reason behind the big numbers. And the numbers keep doing something unusual for sure. They keep getting bigger than the already-big numbers that preceded them. If you didn’t know, SanDisk (SNDK) is the ...
Jim Cramer called it insulting on live television, and the numbers suggest he has a point. Two semiconductor companies just posted blowout quarters, but the market is pricing the commodity supplier at a premium over the GPU monopoly.
Investing in SK Hynix is now easier for U.S. investors, but that doesn't automatically mean it's worth owning a piece of the company.
SNDK stock looks remarkably undervalued despite the company's solid growth outlook.
