Why this top investor is fleeing AMD but buying SanDisk after both stocks crashed
After both AMD and SanDisk fell about 9% despite reporting strong quarterly results, economist and The Pragmatic Investor leader James Foord is bearish on AMD but bullish on SanDisk, seeing different opportunities in the two stocks.
Why it matters — A noted investor expressing bullishness on SanDisk after its post-earnings decline offers a positive counterpoint for SanDisk watchers weighing the stock's recent slide.