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Can the S&P 500’s Best Stock Extend Its 857% Rally?

Can the S&P 500’s Best Stock Extend Its 857% Rally?

TradingKey -Sandisk Corporation (NASDAQ: SNDK) is the best-performing stock in the S&P 500 in 2026, with gains year-to-date of roughly 857% as of late June. At $2,196.04, it is consolidating following a fresh high this week, backed by real fundamental strength and a NAND shortage that Micron’s blowout fiscal Q3 ’26 results, revenue of $41.46 billion, which is up 346% on a year-over-year basis, with an 84.6% gross margin and a Q4 guide of $50 billion, proved was structural and not cyclical. Sandisk’s most recent quarter was no slouch either, delivering $5.95 billion in revenue, with the data centre segment growing revenue by 233% quarter-over-quarter. 

The company has now guided fiscal Q4 2026 revenue in the range of $7.75 billion…

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