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SanDisk's 2,107% one-year surge made Apple and Microsoft screen as value stocks, Morningstar's Tom Lauricella says, as AI storage bends index construction.

Value indexes nearly doubled their tech weighting from 11% to 20%, quietly loading 'defensive' ETF investors with far more AI-cycle risk than expected.

SanDisk trades at a forward P/E of 8 despite $20.2B in fiscal 2026 revenue, with analysts targeting $2,125 and a $15.5B buyback authorized.

Just released. Our analysts combed the entire stock market and named the ten best stocks to buy right now, and SanDisk didn't make the cut. Enter your email to see the names that beat SNDK. The report is free. Enter your email and see if any of your stocks made the cut.