Yahoo Finance Video148d agoneutralVIDEO
Sandisk's Q3 results are 'phenomenal', but its pricing cycle is 'finite'Sandisk stock (SNDK) stumbles in Thursday's extended-hours trading after beating fiscal third quarter estimates on the top and bottom line; the memory chip stock is still up over 3,300% over the last 12 months. Morningstar Research Services equity analyst William Kerwin comments on Sandisk's consecutive growth and the margin drivers as the hardware company navigates memory chip shortages.