SanDisk (SNDK): PE Under 7 & Growth Better Than NVDA

Nvidia and Palantir are not the only stocks to consider because of the AI revolution. In fact, I have become quite fond of the stocks benefiting from this same thriving growth trend in the memory space. 

Plain and simple the explosion in data because of AI = surging demand for memory.  

I have previously shared my love for Micron (MU) earlier in March.  Yet SanDisk (SNDK) is just as appealing as guidance from recent earnings reports has led to a quadrupling in earnings estimates for next year. Yes 4X better!

This equates to $87 EPS next year and yet shares now trade for under $600. For those doing the math in your head let me speed that up by saying its a PE under 7. 

That is RIDICULOUS when the average large cap has a PE around 20. And extra ridiculous because virtually none of those companies is seeing earnings momentum accelerating as much as SanDisk. 

Of course the Zen Ratings smiles on SanDisk. In this case we have an overall A rating which masks that it’s actually in the top 1% of all stocks analyzed by the Zen Ratings.

There is absolutely no weakness in their component grades with strength in the following:

Top 17% Financials

Top 12% Momentum

Top 4% Sentiment

Top 0.2% Growth (rarified air for growth…and yet still PE under 7)

Of course, many of Wall Street’s top analysts are also pounding the table on these shares. That includes Wamsi Mohan of Bank America, who is ranked in the top 1% of all analysts for his stock picking prowess.

Last week he reiterated his Strong Buy rating with a fresh $900 target price. That 50% upside potential is quite appealing from current levels, but is barely over a PE of 10.

Meaning I think this stock could easily double in the year ahead. It could do that on the backs of current earnings estimates alone.

More likely another series of earnings beats in the quarters ahead will lead to even higher earnings estimates and even higher share price fair value. That makes shares extremely attractive today under $600 with a real shot to double or more in the coming year.

For those who want to say “I like to buy lower priced stocks so I can own more shares”. To put it gently, WAKE THE HELL UP!

Stocks go up by percentages. That’s what matters. I would rather own 5 shares of SNDK that will probably double my money then have a 1000 shares of some questionable penny stock.I hope you feel the same. 

What To Do Next?

SanDisk (SNDK) is just one of 20 stellar stocks found in my Zen Investor portfolio.

And that portfolio is up nearly double digits so far in 2026…yes even as the S&P 500 is in the tank.  

How is that possible? 

Because I’ve been investing for over 40 years and there is nothing truly unique about the stock market in the midst of the Iran war. 

The war roadmap is an easy one to navigate if you’ve done it many times in the past as I have. 

Even better is all the attractive buy the dip opportunities that spring up at these times like SNDK, and like the 2 new buy recommendations I am adding on Wednesday April 8th.  

To learn more about my unique investment process…and how to get access to my current top 20 stocks…and the 2 additions coming on 4/8, then just click the link below: 

Discover Zen Investor & Top 20 Stocks Now > 

Wishing you a world of investment success!

Steve Reitmeister…but everyone calls me Reity (pronounced “Righty”)

Editor of the Zen Investor

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