Sandisk Stock: Why I'm Buying On Fear (Rating Upgrade) (NASDAQ:SNDK)

Sandisk Corporation (SNDK) shares have dropped 50% from their highs despite strong operating results driven by AI demand. The author believes the company's fundamentals are intact and that Sandisk is preparing for a significant year in 2027 due to the persistent NAND supply shortage. Consequently, the author is buying shares and has upgraded their rating.