Investors who missed out on the 2,000% or so gains in the last year have many stocks to choose from.
SanDisk (SNDK), which traded at $47.01 in 2025, closed at $1,150.89. Shares counterintuitively fell after posting revenue tripling (+377.5% Y/Y) to $11.03 billion. It issued Q2 revenue guidance in the range of $12.2 billion to $12.6 billion.
AMD (AMD), which competes with Intel (INTC) in the CPU market, lost the $1 trillion market cap title. The P/E is around 130, but the forward P/E is 31 times. AMD could potentially take NVIDIA’s (NVDA) GPU market share.
NVDA stock is on sale, too. The stock closed last week at a level not seen since the July sell-off. It is most immune to an AI slowdown, since GPUs are still in short supply.
Qualcomm (QCOM) trades at a P/E below 20 times. Like Broadcom (AVGO) in valuation, both firms have continued to trade lower since May 2026. Markets are pricing in the high risks that Broadcom took after lending up to $42 billion to Anthropic to lease its chips.
Investors view the lending structure as a form of vendor-backed circular financing.
Server suppliers erased months of gains. Dell Technologies (DELL), Super Micro Computer (SMCI), Hewlett Packard Enterprise (HPQ), Lenovo (LVNGY), and HP Inc. (HPQ) are compelling, if shares trade closer to their 52-week low.
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