Top 5 Companies To Own In Right Now

Top 5 Companies To Own In Right Now: SanDisk Corporation(SNDK)

Sandisk Corporation designs, develops, and manufactures NAND flash memory storage solutions that are used in various consumer electronics products. The company offers removable cards under the SanDisk Ultra, SanDisk Extreme, and SanDisk Extreme PRO brands; embedded products under the iNAND brand; universal serial bus (USB) flash drives under the Cruzer brand; digital media players under the Sansa brand; solid state drives under the Lightning brand; and wafers and memory components. Its removable card products are used in a range of consumer electronics devices, including mobile phones, digital cameras, gaming devices, and laptop computers; and embedded flash products are used in mobile phones, tablets, ultrabooks, eReaders, global positioning system devices, gaming systems, imaging devices, and computing platforms. The company also provides high-capacity storage solutions, such as solid-state drives that are used in lieu of hard disk drives. It offers its products to the m obile phone, consumer electronics, and computing end markets through original equipment manufacturers, distributors, and retail sales channels in the Americas, the Asia Pacific, Europe, the Middle East, Africa, and Japan. The company was formerly known as SunDisk Corporation and changed its name to SanDisk Corporation in August 1995. SanDisk Corporation was founded in 1988 and is headquartered in Milpitas, California.

Advisors' Opinion:

• [By Garrett Cook]

  Fusion-io (NYSE: FIO) shares were also up, gaining 22..90 percent to $11.40 after SanDisk (NASDAQ: SNDK) announced its plans to buy Fusion-io for $11.25 per share in cash.

• [By Garrett Cook]

  Fusion-io (NYSE: FIO) shares were also up, gaining 23.11 percent to $11.43 after SanDisk (NASDAQ: SNDK) announced its plans to buy Fusion-io for $11.25 per share in cash.

• [By Jesse Solomon]

  The latest deals include medical device maker Medtronic's (MDT) $42.9 billion acquisition of rival Coviden (COV), telecom giant Level 3 Communications' (LVLT) $5.7 billion purchase of tw telecom (TWTC), Williams Companies (WMB)' $6 billion controlling stake in natural gas driller Access Midstream Partners (ACMP), and SanDisk's (SNDK) $1.1 billion takeover of flash technology company Fusion-io (FIO).

• [By Rustic Nomad]

  Apple has many suppliers who play an important role in making the iPhone a best-in-class product. SanDisk (SNDK) is one such company that appeared in the iPhone last year with its flash memory. SanDisk is making impressive moves in the market and its outstanding results are a clear indication that the company's growth will not fade away soon. Looking at its financials, SanDisk's quarterly revenue rose by an impressive 43%, and its income climbed remarkably to $262 million, outpacing consensus estimates.

source from Top Stocks For 2015:http://www.topstocksblog.com/top-5-companies-to-own-in-right-now-2.html