New SanDisk Price Target as Micron Lifts the Memory and Storage Basket
SanDisk is enjoying a surge ever since it was spun off by Western Digital, but how far can it go?
SanDisk is enjoying a surge ever since it was spun off by Western Digital, but how far can it go?
I covered this morning’s speculative package shorts (still there with what I started the day short, though!)
* ($MU) $917.99
* ($SNDK) $1576.55
* ($AMD) $494.12
From earlier today:
I (unemotionally) added to my speculative short package in premarket:
* (MU) $972.02
* (SNDK) $1,632.11
* (AMD) $515.09
Given the volatility I will remain very small in these trading short rentals.
Again, this is not for homegamers – I am just being transparent.
Positions: Short MU VS SNDK VS AMD VS
BY Doug Kass · May 27, 2026, 8:54 AM EDT
How much higher will Micron shares fly? Let’s go to the charts.
I (unemotionally) added to my speculative short package in premarket:
* ($MU) $972.02
* ($SNDK) $1,632.11
* ($AMD) $515.09
Given the volatility I will remain very small in these trading short rentals.
Again, this is not for homegamers – I am just being transparent.
Positions: Short MU VS SNDK VS AMD VS
The Mag 7 is lagging amid investor demand for higher-risk, speculative names.
Let’s talk about the chart patterns of some key stocks, including Walmart, which is starting to look like Microsoft stock from last November.
Today saw a rise in new highs on the NYSE, but there were still about 20% fewer than just two weeks ago.