Sandisk has seen a massive 515% surge in the past three months, reaching a market cap of $40 billion. Analysts believe Sandisk’s size makes it a strong contender for the S&P 500’s next open seat. Sandisk split from Western Digital in 2025 to focus on flash storage and SSDs, aligning with the growing demand from AI and cloud infrastructure. The S&P committee may rebalance the index on Dec. 5, potentially adding Sandisk. Meanwhile, MicroStrategy, now Strategy Inc., is also eligible for S&P 500 inclusion but faces challenges due to its Bitcoin-centric business model.

Read more at Yahoo Finance: Veteran analyst warns MicroStrategy could again miss S&P 500