Why Sandisk Stock Popped Today
Sandisk (NASDAQ: SNDK) stock jumped 6.5% through 10:15 a.m. ET Friday -- and investors can thank (NASDAQ: INTC) for the bump. The once (and future?) king of semiconductors blew past analyst forecasts for $0.01 in pro forma earnings last night, reporting $0.29 per share instead. Sales of $13.6 billion likewise trounced expectations for $12.4 billion.
Investors are overjoyed. Now they're buying everything semiconductor-related.
Image source: Getty Images.
Source Fool.com
Intel Corp. Stock
€78.19
-0.780%
Currently there is a rather positive sentiment for Intel Corp. with 47 Buy predictions and 24 Sell predictions.
However, we have a potential of -5.36% for Intel Corp. as the target price of 74 € is below the current price of 78.19 €.
