$Sandisk(SNDK.US)
1️⃣ After I sold around this price, the stock stayed highly volatile, reflecting both profit taking and ongoing optimism about AI driven memory demand. Analysts remain broadly positive on this stock, with many maintaining buy ratings and targets above current levels.
2️⃣ Despite the recent rate hikes and other macro headwinds, I am still watching how the market responds to its exceptionally high share price.
3️⃣ The business outlook remains strong, but great companies can still become expensive if expectations run too far ahead. I want to see whether buyers continue accepting high valuations in the new rate environment, they often do not return to previous levels, but that does not guarantee a stock cannot face meaningful corrections before moving higher again.