Technology
Problems With The BusinessWeek Tech Hottest Growth Companies: Sandisk (SNDK)
Published:
With the help of McGraw-Hill unit Comstat, BusinessWeek picks 50 companies for its Tech’s Hottest Growth list. A computer probably does the initial screening. But, whoever reviews it ought to pull some of the firms off.
Sandisk is a prime example. Total annual return is a negative 13%. The stock trades at about $44 down from a 52-week high of $79.80. Where’s the growth there?
Opps.
Douglas A. McIntyre can be reached at [email protected]. He does not own securities in companies that he writes about.
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