Sandisk (NASDAQ: SNDK) announced huge news with its latest quarterly results: It will be enacting an 8-for-1 stock split on Nov. 19. This shouldn't come as a huge surprise, as Sandisk's stock trades at over $1,000 per share. But is this a good enough reason to buy the stock? After all, even after a big selloff, it has risen 240% this year. I think Sandisk stock is a strong buy here, but not because of a stock split. Image source: The Motley Fool.
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