SanDisk Stock Possibly Under Valued
From a recent report published by Trefis, it appears that SanDisk stock price might be a good buy right now. Now this article isn’t as much about buying the stock as it is about seeing the market share of SanDisk.
“We currently have a Trefis price estimate of around $50 for SanDisk’s stock, about 11% above the current market price of around $45.”Trefis goes on to report the market share SanDisk has for the flash memory market and in the retail space. It seems clear with the ever growing popularity of the Smartphones, the number one category SanDisk owns, will continue to grow. To me, it also indicates the relationship SanDisk has with retail segments is largely with the cell phone companies such as AT&T, Verizon, T-Mobile and others and this is a big driving force in that number one position. Source: Trefis.
Tags: sandisk, Stock Price
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Mark McCrosky
Kicking around in technology since 2002. I like to write about technology products and ideas, but at the consumer level understanding. Some tech, but not too techie.
Posting on Quora.com as well.