The Newest Stock in the S&P 500 Has Soared 512% in 2025, and It's a Buy Right Now, According to Wall Street
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The S&P 500 (SNPINDEX: ^GSPC) is widely regarded as the most reliable benchmark of the U.S. stock market, made up of the 500 leading publicly traded companies in the country. Given the breadth of the businesses that comprise the index, it is regarded as the best overall measure of stock market performance. To be considered for admittance to the S&P 500, a company must meet the following criteria:Sandisk (NASDAQ: SNDK) is the latest addition to the S&P 500, scheduled to join the benchmark on Friday, Nov. 28. That makes it one of just 12 companies to make the grade so far this year. Since the company split from Western Digital earlier this year, Sandisk has thrashed the broader market, generating gains of 512%, compared to just 11% for the S&P 500 (as of this writing). The stock price gains have been driven by investor enthusiasm for the company's prospects, strong execution, and a sound strategy for future growth.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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