12 Unstoppable Technology Stocks to Buy

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1. Sandisk Corporation (NASDAQ:SNDK)

Number of Hedge Fund Holders: 61

6-month performance: 451.38%

Sandisk Corporation (NASDAQ:SNDK) is one of the Unstoppable Technology Stocks to Buy, with the stock price up more than 578% year-to-date. The performance throughout the year has been backed by the growing demand for storage drives. Recently, the share price of the company moved further higher after Micron Technology (NASDAQ:MU) released its fiscal Q1 2026 results on December 17. Sandisk Corporation (NASDAQ:SNDK) has gained around 18% since Micron’s earnings release.

Wall Street has also maintained its bullish sentiment, with analysts’ 12-month price targets reflecting more than 14.6% upside from the current levels. On December 19, Asiya Merchant from Citi reiterated a Buy rating on the stock without disclosing any price targets. A day earlier, on December 18, Benchmark maintained its Buy rating on the stock with a $260 price target.

Analysts at Benchmark noted that the bullish sentiment is based on Micron’s impressive results. The firm added that Micron’s results depict strong demand for High Bandwidth Memory (HBM), and also reported data center sales. This increased demand is expected to have a direct impact on SanDisk’s business. Moreover, the prices of NAND flash memory are also increasing; the prices rose by mid-teens percent in the recent quarter, following a high-single-digit percent increase in the previous quarter. Benchmark believes that these factors are expected to act as a tailwind for the company’s future performance.

Sandisk Corp. (NASDAQ:SNDK) is a leading developer, manufacturer, and provider of data storage devices and solutions based on NAND flash technology.

While we acknowledge the potential of SNDK to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than SNDK and that has 100x upside potential, check out our report about this cheapest AI stock.

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