Daily Stock Opinions and Ratings

Wealthica The ultimate 360° Tracker Your financial life in one place, automatically

Opinions

Brian Acker, CA Sandisk Corp SNDK-Q HOLD Feb 07, 2008

Looks interesting to him. His model price is $33.99, a 30% positive differential. If technology gets hit more, look for a price around $23.30. This is a price that he would nibble at it he had a position and liked the company.

Brian Acker, CA

Unlock Rating

$26.560

Stock price when the opinion was issued

computer software processing

It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.

Get Signals Create your Watchlist

You might be interested:

SELL

(Market Call Minute.) Although they make great products the memory chip business is a terrible one to be in. End markets are bad.

DON'T BUY

If they can pull back above $13, it will probably rally up to $17.50. Stock is too choppy for him. Thinks it will go down to $10 and may be even $8 before it goes higher.

SELL

Model price is $1.25, a negative differential of 86%.

PAST TOP PICK

(A Top Pick Jan 23/08. Down 55.8%.) Did quite well shortly after he picked it. Horrific 4th quarter. Too much product on the market now.

PAST TOP PICK

(A Top Pick Dec 3/07. Down 57.35%.) Flash memory. Would stay out of this.

DON'T BUY

A player in a commodity business where margins are limited and potential competition. Range bound in the $40-$45 area, which could be underpinned by deals for companies. Could be a little extended but not overly extended. CEO has announced retirement.

TOP PICK

World's largest supplier of flash memory data storage products. Cards for mobile phones, digital cameras, camcorders, new tablets, etc. More than 2 dozen companies coming out with new tablet form products and they will benefit. 6 consecutive quarters of positive earnings surprises. Trading at only 9X forward earnings.

WAIT

Very cyclical. We are looking at the peak of their cycle. They are in a good position for the next 2 or 3 quarters. It’s a good company. Buy it when people don’t like it.

PAST TOP PICK

(Top Pick Sep 16/10, Up 15.70%) Decided to take profits. Still likes it. It is a good name. Will benefit from memory demand for smart phones. A great brand name.

COMMENT

Ranks in the top quarter of his database. Near-term earnings have been huge and are expected to be up significantly in the coming quarter. PE at 12X is interesting. Hopefully they use their cash to buy back stock or do some interesting things. Cash per share is significant at roughly $4.40. Looks like earnings growth is going to slow dramatically in 2014.

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : hello@stockchase.com.

Brian Acker, CA Sandisk Corp SNDK-Q HOLD Feb 07, 2008

You might be interested:

Sandisk Corp(SNDK-Q)

Sandisk Corp(SNDK-Q)

Sandisk Corp(SNDK-Q)

Sandisk Corp(SNDK-Q)

Sandisk Corp(SNDK-Q)

Sandisk Corp(SNDK-Q)

Sandisk Corp(SNDK-Q)

Sandisk Corp(SNDK-Q)

Sandisk Corp(SNDK-Q)

Sandisk Corp(SNDK-Q)

Latest Buy Signals

Today's Top Picks

Popular Articles

Latest Sell Signals

Most Recent Experts

Michael Sprung

Larry Berman CFA, CMT, CTA

Stockchase Insights

Jim Cramer - Mad Money

Greg Newman