Sandisk is my favorite long play for this technological era. Flash and SSD will the the most important form of storage in the foreseeable future. The barriers to entry is really high. Sandisk has managed to cut operating cost by using 24nm production.
I believe the stock will trade around this area for the next 2 months before the next leg up.
For a mid term portfolio, I think Sandisk is a good play. I will hold it till $65.
If you like the Android, the iOS, the Windows phone, you’ve got to like Sandisk.
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