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SanDisk (SNDK), a spin-off from Western Digital, became the S&P 500's top-performing stock in 2025 after gaining 268.2% since its February debut.
Enterprise demand for AI data storage solutions is fueling significant growth in the computer storage industry, highlighted by Sandisk's (SNDK) stock gaining 315.3% over the past year.
Pure Storage (PSTG) has experienced a share price decline of nearly 18% over the last month amid a wider market rotation away from technology stocks. Despite this, Discounted Cash Flow (DCF) models and analyst consensus point to potential undervaluation, suggesting the pullback may represent a disconnect from fundamental value.