Is Sandisk a Millionaire-Maker Stock?
When Sandisk (NASDAQ: SNDK) was spun off from Western Digital last year, it was generating solid, steady revenue, and most investors could not have anticipated that it would accelerate to 250% revenue growth with a mind-boggling 4,600% stock gain just a year and a half later. Those who did, or were lucky enough to buy shares on a bit of confidence, might already have been made millionaires -- a $25,000 investment at the time of the spinoff is worth nearly $1.2 million today.
It's the stuff investor dreams are made of. But now that the secret's out, and millions have already been made, is Sandisk still a millionaire-maker stock?
Image source: Sandisk.
Source Fool.com
