Should You Buy Sandisk Before Its 8-for-1 Stock Split on Nov. 19?

The Motley Fool · Keithen Drury · 2026-11-05 21:07 UTC

Stock splits aren't as big a deal as they used to be.

Sandisk (SNDK -22.26%) 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.

Stock splits are cosmetic

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