It looks seriously mispriced if even part of this cash flow strength is sustainable.
The company just generated roughly $7.1B in quarterly FCF, or about $45.70 per share.
And yet $SanDisk Corp.(SNDK)$ is still trading nearly 50% below its recent high.
That's the disconnect I'm watching.
If even a fraction of this FCF durability continues, the current valuation starts looking very difficult to ignore.
Massive cash flow + huge drawdown = a setup worth watching closely.
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