SanDisk Corp Ordinary Shares
SNDK: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|<? | LOCK|m? | LOCK|lQ@#Xf |
Sandisk: We Launch Coverage With $37 Valuation and No-Moat Rating; Shares Look Expensive
We initiated coverage of Sandisk, which recently spun off from Western Digital. Sandisk is the fourth-largest producer of NAND memory in the world, and packages substantially all of its NAND chips into solid-state drives, or SSDs, for data storage in consumer electronics and data centers.
