SanDisk Corporation (SNDK): Be Prepared, This Stock Could Jump After Earnings

While negativity around Apple Inc. (NASDAQ:AAPL) takes precedence over the solid sales figures of its devices, I believe investors should be positive as SanDisk is in a great position with this account. Further helping SanDisk’s outlook would be Apple’s next generation iPhone, the production for which is about to begin, according to The Wall Street Journal (sign-in required).

Moreover, after the stupendous success of the iPad mini, SanDisk can expect to benefit even more from a retina display version of the device. The retina iPad mini, which would probably be launched in September this year, should see Apple’s iPad shipments jump at a rapid rate. Consumers have loved the iPad mini, and once Apple adds its class act display technology to it, then there would be no stopping, both for Apple and SanDisk.

The takeaway

I can see SanDisk Corporation (NASDAQ:SNDK) posting yet another excellent quarter along with an upbeat outlook, as a result of which the stock should continue its journey north. However, there’s more to SanDisk than just Apple Inc. (NASDAQ:AAPL), and the company has a number of drivers up its sleeve. Tune into this space again in a few days for the complete analysis of the company’s latest quarter results, and find out what factors will drive it going forward.

Harsh Chauhan has no position in any stocks mentioned. The Motley Fool recommends Apple. The Motley Fool owns shares of Apple.