10 Best Performing Stocks of Q1 2026 to Watch for Q2

8. Sandisk Corporation (NASDAQ:SNDK)

Q1 2026 Performance: 130.83%

Sandisk Corporation (NASDAQ:SNDK) is one of the best-performing stocks of Q1 2026 to watch for Q2. A recent pullback in major memory stocks made investors nervous but Mizuho tech specialist Jordan Klein believes it may be a good buying opportunity rather than an indication of a major downturn.

On March 26, Klein said in a note that the strong rally seen throughout 2025 and early 2026 is now losing some momentum and the “memory long trade [is] starting to wobble big time.”

However, Klein pointed out that such violent cycles are not unusual in the memory sector and the recent pullback fits a familiar pattern. He noted that “these sell-offs happen every few months… Not a signal of peak nor any reason to dump. Actually you make money buying these dips.” Klein is positive on memory stocks and said he sees upside for Sandisk Corporation (NASDAQ:SNDK).

Also on March 26, Morgan Stanley reaffirmed its Overweight rating on Sandisk Corporation (NASDAQ:SNDK). The research firm noted that the recent drop in memory stocks is linked to factors like capital spending, demand slowdown, and productivity. Despite these worries, Morgan Stanley believes the strength in the memory stocks is more durable than the market currently expects.

Sandisk Corporation (NASDAQ:SNDK) is an American computer technology company that designs and manufactures flash solutions and advanced memory technologies, including SSDs, memory cards, and USB Flash Drives.