$SNDK Sandisk Tape Reports
Per Ticker.id: $SNDK Sandisk Tape Reports — 144 podcast mentions across 19 podcasts (30 days), latest 2026-08-26 14:06 UTC.
Yes. Well, and also I want to point out, because if you look at where Nvidia stock is year to date, it's up 14%. If you compare that to Micron Technology, that stock's up over 200% and SanDisk over 500%. The reason I bring up SanDisk and Micron, those were the two best performers in the S&P 500 in the first half of the year. Of course, I have to mention that the SOX, the Philadelphia Semiconductor Index, peaked on June 22nd. So since then, the SOX is down close to 20%. But if you look at Nvidia in that time, it's up around 1%. But those other stocks are down double digits. So what my point is right now when I'm speaking with portfolio managers, look at the PE on Nvidia. I mean, it's around 18. That's less than the S&P 500.
Jess Matten — Bloomberg Surveillance · Reacting to PCE and Market Look Ahead · 2026-08-26Looking at Robinhood. Hood is the symbol, H-O-O-D. A name that's been up and down throughout the years, but as of late has been on a nice little rally despite crypto kind of meandering. Robinhood has done Okay, it's rallied from a low around $65 in— what was that, April? Now we're at $103, but it's still way down from its high back in the fall when it was at $150 and change. This year earnings supposed to be $1.9, $2.80 next year, but it's still $103 stock. The problem here to me is it's very reliant on the average investor. It's very going to be very exposed to the tech trade. And the tech trade has been, especially since June has been kind of struggling, not coincidentally. So has Robinhood. So I don't love that. I don't love that correlation. I don't love their, the fickleness of their user base. Retail investors, those that use the app and think it's a big game because they throw confetti every time you buy a stock, for example, their free cash flow still remains negative, very negative, about $7.8 billion, $93 billion market cap. So they continue to burn more and more capital. And that's to me, the biggest issue is just that negative free cash flow situation. And the, the valuation is not exactly cheap either. Enterprise Value/EVA looking forward is 43. So yes, I would take profits on Robinhood if you're up on it. I think this is, this little rally recently is a good exit point. Now we had a wonderful show on Friday. I looked into the story about financial innovation and how it's now a Fed problem. We broke down what tokenized money and instant payments could mean for the plumbing of the financial system, how it impacts banks, businesses, and much, much more. And we answered a listener question on SanDisk. And if you happen to miss it, go check it out. The best way to get every show is to, is to follow Invest Talk wherever you get your podcasts. Now we have a lot of ground to cover over the next 45 minutes or so, and time permitting, we'll get to all of it. Our main focus point is about regulations catching up to the digital asset world. Senate has delayed work on the Clarity Act.
Justin Klein — InvestTalk · Regulation catches up to digital assets · 2026-08-25Doesn't matter if the deal was canceled by some governor. But we know the multiple was shrinking. Anyway, because of the chatter, because of the rhetoric, does that mean you need to sell your stocks that are involved with the data center? Be like us in the trust. I think you sell some. You can't be as heavily invested in this theme because the price earnings multiples are not going to expand. And if the dwindling supporters of data centers lose their positions coming election, the people selling these stocks now will look like geniuses after the election. But let's say, how about the money that's flowing into Procter Gamble and Coca-Cola or UnitedHealth and the Hinge Health, the JPMorgans and the Targets. Can the Alphabet, the SanDisk, Western Digital, Seagate, Micron, among others, keep their groups afloat? The answer is yes, because it isn't just these stocks. The list is as long as your arm. Virtually anything healthcare works. Same with travel and leisure. People just want out of data center. And these are the convenient places to put. One saving grace, though, and it's a big one right now. The cost of building a data center is being boosted by many companies constructing these things on spec. Not just the hyperscalers. It's not a coincidence, is it, that the stocks of Amazon, Alphabet, Microsoft, and Meta are ramping, going up hot, furiously, furiously. Bye-bye. See, they're the biggest beneficiaries because they can afford to compensate local communities and get their warehouses full of servers built while the spec builders will indeed get obliterated. And they have the ability again to create that code of conduct. If they weren't such a bunch of knuckleheads, they would. If you get rid of the smaller speculative builders, you get rid of the insane competition that's pushed up the price of everything from land to construction to labor, electricity, and of course, the inside of, of a data center like NVIDIA, which reports Wednesday and has now been down for 7 straight days, I think largely because of worries about data center slowdowns. The Magnificent Four are the winners. All right. How about the Fab Four? It's probably better. I think they'll keep winning as they've been the losers when people extrapolate the cost of building these data centers. Right. They always think, oh, more CapEx, more CapEx. Sell, sell, sell.
Jim Cramer — Mad Money w/ Jim Cramer · Mad Money w/ Jim Cramer 8/24/26 · 2026-08-24I'm glad I don't have to make this decision. Micron's committed to investing $250 billion in the US through 2035, which would allow it to produce 40% of its DRAMs domestically. That could create 90,000 direct and indirect jobs. It could bring back whole towns like Clay, New York, where, where Micron's building out this $100 billion fab complex, the largest private investment ever in New York. There's some trouble Gee, built a television design and production site there in the '40s after the war. Thousands of workers toiled over multiple years. 1993, Lockheed Martin took over the site. Lockheed Martin is still there, but it's no longer the locus of big manufacturing jobs. Plus, neighboring Syracuse is one of the poorest mid-sized cities in the country. Carrier, another big employer, used to manufacture container refrigeration products, a huge blue-collar operation. That's gone now, though Carrier still maintains a big research facility. Together, this idle workforce formed these companies. Well, could be— it could be true for Micron and for their families too. Now that we're committed to bringing back manufacturing for critical materials, I applaud that. But this is mad money. So we need to ask, is it good for the shareholders? Is it good for you? Is it what you want? Now, some shareholders don't want growth. They want return. I think that like SK Hynix, the largest company in the memory space, that's a Korean company. Micron can do both. These guys have a long history of building things in the US, in Boise, Clay, New York. Wow. It's part of their DNA. They aren't going to return capital if there's big money to be made expanding. So if you own Micron hoping for a SanDisk-like return of capital, you're probably not going to get it. The reason to own Micron is because it wants to innovate and bring out the best semis, even if it costs a great deal of money. I support Micron strategy not just because it's good for American manufacturing, But more importantly, because it's good for the stock. It's up 220%. It's the 4th best stock in the S&P 500 year to date. Not bad for a big spender. I like to say there's always a bull market somewhere. I punch that button just for you right here on Mad Money. I'm Jim Cramer. I'll see you tomorrow.
Jim Cramer — Mad Money w/ Jim Cramer · Mad Money w/ Jim Cramer 8/24/26 · 2026-08-24Welcome back. We're about 30 minutes into the hour. Here are 3 big movers we're watching. First up, Alibaba under pressure this morning after the company said it was issuing about $10 billion in new shares to fund its AI investments. Shares off about 1.5%. Meantime, memory names are getting hit hard to start the week. SanDisk, Western Digital, and Micron all near the bottom of the S&P 500 following a weak day in Korea for Samsung. And newly public sandwich chain Jersey Mike's turning lower even after a number of firms initiated coverage of the stock with buy ratings. Those include JPMorgan, Morgan Stanley, Jefferies, and UBS. Jersey Mike's down 2.5%.
Mike Santoli — Squawk on the Street · 10AM Hour: U.S.-Canada Trade War, Webull U.S. CEO & Paramount-Warner Brothers Latest 8/24/26 · 2026-08-24And look at what's happening to SanDisk. Well, so on those reports, the story is true.
David Faber — Squawk on the Street · 9AM HOUR: Big Market Week: Bessent, Warsh and Earnings from Nvidia 8/24/26 · 2026-08-24Dan Ives of Yorkville Ives was a guest on Bloomberg Surveillance. Nvidia reports earnings after the close of trading on Wednesday. This morning, chip stocks are moving lower. SanDisk is down more than 5.5%. Western Digital is nearly 4% lower. Micron is down more than 3%. Investors are also waiting for Fed Chair Kevin Warsh's first speech at the Jackson Hole Symposium to see if he gives any clues on the interest rate path. The speech isn't until Friday, but Bloomberg's Michael McKee is already there.
Nathan Hager — Bloomberg News Now · Treasury Could Fund Buybacks with Cash, Iran Economic War, More · 2026-08-24And every time you go to fiat, well, you have politicians like we have now that will spend because there's no stopping them. There's no gate, there's no limit until the markets create a limit. And that's what we're starting to to move up against. Doesn't mean that governments can't do things about it, but the release valve will be the currency, and ultimately all fiat will continue to decline against the dollar. That is a situation we are in, and that's why, despite the pullback in gold and gold miners early in the year, you need to say it needed this refresh, it needed to reset for that next leg higher, and it seems like we're at least at the beginning of that. And this was that week where it really all kicked off in earnest. What else do we have today? Dollar index was flat overall, but once again, gold finished up 2.4%, silver up 2.1% on the day, just today. Bitcoin up 6.3%. So Bitcoin had a nice week, up 23%, really waking up from its slumber. I didn't think it would truly bottom until next year, but maybe I could be wrong. With the way the Treasury has advanced their programs in a time when it really isn't needed. Yeah, rates are going up, but the MOVE index isn't going crazy. So in a lot of ways, I think this is a bit political, but clearly this government wants to keep those rates under a certain level. They don't want the 10-year, I think, above 5%. So I think that's what they're working on. WTI was up 0.3% on the day. We continue to grind higher in oil. That's another kind of headwind going forward as we head into the back half of the year and the election. We're only about, what, 3— yeah, 2 and a half months, uh, until the midterms. So a lot to discuss on that front. I think that was it. That was the week. That was— this is a very, very interesting week. But now we're going to pivot over to a YouTube comment question. It says, what are your thoughts on SanDisk? Revenue is supposed to grow next year and they have very little debt. They're also implementing a new business model to move away from being cyclical. Cute. That's so funny. I mean, it's, it's good.
Justin Klein — InvestTalk · Financial innovation is now a Fed problem · 2026-08-22