Top 5 Tech Companies For 2014

Top 5 Tech Companies For 2014: SanDisk Corporation(SNDK)

Sandisk Corporation designs, develops, and manufactures NAND flash memory storage solutions that are used in various consumer electronics products. The company offers removable cards under the SanDisk Ultra, SanDisk Extreme, and SanDisk Extreme PRO brands; embedded products under the iNAND brand; universal serial bus (USB) flash drives under the Cruzer brand; digital media players under the Sansa brand; solid state drives under the Lightning brand; and wafers and memory components. Its removable card products are used in a range of consumer electronics devices, including mobile phones, digital cameras, gaming devices, and laptop computers; and embedded flash products are used in mobile phones, tablets, ultrabooks, eReaders, global positioning system devices, gaming systems, imaging devices, and computing platforms. The company also provides high-capacity storage solutions, such as solid-state drives that are used in lieu of hard disk drives. It offers its products to the m obile phone, consumer electronics, and computing end markets through original equipment manufacturers, distributors, and retail sales channels in the Americas, the Asia Pacific, Europe, the Middle East, Africa, and Japan. The company was formerly known as SunDisk Corporation and changed its name to SanDisk Corporation in August 1995. SanDisk Corporation was founded in 1988 and is headquartered in Milpitas, California.

Advisors' Opinion:

• [By Piyush Arora]

  SanDisk (NASDAQ: SNDK  ) is another formidable competitor here. The pure-play flash-memory manufacturer is working with Toshiba to introduce its own iteration of 3D NAND modules, known as BiCS. As per the agreement, about 49% of the total NAND output goes to SanDisk. 

• [By Paul Ausick]

  SanDisk Corp. (NASDAQ: SNDK) saw short interest rise by 3% to 22.31 million shares,! or about 10% of the company’s float. The stock is up more than 10% since mid-October and posted a 52-week high just about a week ago. That is sure to get short sellers interested.

• [By Ben Levisohn]

  With 31% of the S&P 500 market cap reported, aggregate earnings are tracking 4.5% ahead of expectations. Financials have had strong results, on net, with beats from both [Bank of America and JPMorgan Chase] (both in our portfolio). Exfinancials, the earnings upside has been 4.0%, driven in large part by technology ([Microsoft, Oracle (ORCL) (December), and SanDisk (SNDK)], among others). Our view is the recent market sell-off will abate as we doubt investors will worry about a real corporate earnings decline, something we think is required for a material market decline.

• [By Magic Diligence]

  SanDisk (SNDK) - A Pure Play on FlashSanDisk is one of the only pure plays on flash in the market. SanDisk breaks its sales into two channels. The Retail channel is flash storage cards/sticks for smartphones, digital cameras, and the like (about 37% of sales). The Commercial channel includes embedded flash solutions for OEM customers and solid state drives, or SSDs, that replace traditional hard drives in newer PCs. SanDisk has moved aggressively into Enterprise SSDs with the purchase of SMART Storage Systems a few months ago. SSDs now represent about 20% of revenues, from just 10% a year ago.

source from Top Stocks Blog:http://www.topstocksblog.com/top-5-tech-companies-for-2014.html