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The Morning Trade: SNDK & WDC
Description
Memory stocks like SanDisk (SNDK) and Western Digital (WDC) have been beneficiaries of increased AI spending with SNDK up 3000% over the past year. "We're double checking the numbers," says Marley Kayden as she explains why SanDisk's report will be a big change from prior quarterly figures before turning attention to the bullishness on the Street for Western Digital ahead of its earnings release. Later, Joe Tigay explains why he's taking a neutral stance in his example options trade for SanDisk.
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Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document. http://bit.ly/2v9tH6D
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