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SanDisk achieves record profitability amid 51% drop from 52-week high

Investing.com · ·by G4L

SNDK Sandisk Corp
$886.51 +6.16%
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  1. 1SanDisk shares recorded 1,150.89 dollars, down 51% from the 52-week high of 2,354.39 dollars.
  2. 2SanDisk's non-GAAP gross margin reached 84.6% in the recent fiscal year.
  3. 321 out of 25 analysts issued a buy rating for SanDisk stock.

So what's the key point?

SanDisk's stock price has fallen more than half from its peak. However, the profit margin is high at 84.6%, and 21 out of 25 experts recommend buying the stock.

Source Investing.com · View original ↗

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