Editor's Note: The IPO gold rush is here. SpaceX just went public in the biggest IPO ever, and Forbes is warning of "an IPO tsunami heading for Wall Street." And most investors are about to get left in the dust, as always. Meanwhile, trading legend Larry Benedict found a way to pocket $321, $1,605, or even $3,210 or more on IPO day without ever touching the stock, something he has done 95 times at a documented 82.1% win rate. This Wednesday, July 15, at 8 p.m. ET, you are invited to join Larry for a free strategy session. (See more below) Or click right here to RSVP now.

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Urgent Strategy Session: 5-Minute IPO Profits, with Larry Benedict.

Wednesday, July 15, at 8 p.m. ET.

Click here to save your seat automatically, 100% free.
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Dear Reader,

On IPO day, there are only two kinds of people.

The ones who collect... and the ones who get the scraps.

For 40 years, Wall Street decided which one you'd be.

This Wednesday, Larry hands you the keys to potentially profiting on IPO days.

He'll show you how to pocket a triple- or quadruple-digit payout the day a company goes public, from one simple, five-minute trade, without ever owning a share.

He's made this trade 95 times since 2022, at a documented 82.1% win rate.

And with more than 800 companies lined up to go public, we’re just getting warmed up.

Don't let the IPO profit wave be another missed shot you could have taken.

To avoid disappointment...

Click here now to add your name to the guest list automatically, 100% free.
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This is your last call to attend the strategy session Wednesday, July 15, at 8 p.m. ET.

Regards,

Lauren Wingfield
Managing Editor, The Opportunistic Trader

P.S. When you reserve your seat, you'll

As a VIP, you'll get instant access to Larry's brand-new report, The $4 Trillion IPO Tsunami, plus text reminders so you don't miss the session. Click here to claim your spot automatically.
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SanDisk’s Volatility May Be Telling Bulls What They Want to Hear

Written by Sam Quirke. Article Posted: 7/2/2026.

Not many stocks in the market can boast the kind of 10-day stretch SanDisk Corporation (NASDAQ: SNDK) has had. Between June 22 and June 24, shares of the memory and storage giant dropped a full 20% from an intraday high to an intraday low, only to snap back with a 24% single-session pop the very next day.

Just a few days later, the stock dropped another 18% over two sessions before bouncing back 19% between June 29 and June 30. Then yesterday, shares slumped another 10%, leaving them trading around $2,032.

He bet half his $9 billion on ONE stock (Ad)

One of the most successful fund managers of the past 50 years put more than half of his $9 billion portfolio - roughly $4.5 billion - into a single little-known company. Then his firm bought more shares for 61 straight trading days.

The former CEO of Google followed with a nine-figure partnership. The White House invoked emergency powers to protect what this company controls. A July 13th deadline could trigger a flood of institutional buying. Whitney Tilson, who called Netflix at 78 cents and Apple at 38 cents, is giving away the name and ticker free.

Watch the free presentation and get the ticker before July 13th

For most stocks, that kind of price action would be a serious cause for concern. For SanDisk, though, the pattern is arguably telling investors something very different. Every time the shares have sold off hard in recent weeks, buyers have appeared almost immediately with enough force to push the stock back up. That kind of behavior doesn't happen by accident and is actually a very bullish dynamic to see right now.

What’s Driving the Recent Volatility in SanDisk Stock?

Before getting into why the setup is more encouraging than it looks, it's worth understanding what's actually been driving the selling pressure. The honest answer is that not much of it has been specifically about SanDisk. Instead, the drops have been driven largely by broader weakness across the tech and AI space, where bigger fears have been building.

The benchmark NASDAQ index itself fell around 5% between June 22 and June 24 and is still down more than 2.5% from the June 22 close. The primary concerns have been mounting fears about the enormous amount of debt-funded AI infrastructure spending, alongside worries that the Federal Reserve may keep rates higher for longer than the market had hoped.

Neither of those is a SanDisk-specific issue, but a stock that's had the kind of run SanDisk has enjoyed over the past 12 months, with gains of almost 4,300%, is always going to be one of the more exposed names when the broader mood turns.

The Bounces Say More Than the Drops

The setup becomes intriguing here. Although SanDisk experienced several sharp declines over the past two weeks, each was quickly followed by a remarkably strong rebound. Notably, there was a 24% surge in a single session from June 24 to June 25, and a 19% bounce between June 29 and June 30.

That kind of price action doesn't happen in stocks that the market doesn't want to own. It happens in stocks where there's a wall of buyers waiting on the sidelines for exactly the pullbacks sellers create. In other words, the drops are being interpreted by long-term buyers as an opportunity, not a warning, and the sheer force of the bounces is proof that the underlying demand for the stock is not just intact, but arguably stronger than ever.

Compare that to what usually happens when a stock lacks that kind of conviction, such as Qualcomm Inc (NASDAQ: QCOM). Sharp declines get met with tepid bounces, and each new low tends to invite fresh selling rather than fresh buying. That's the opposite of what's happening with SanDisk right now.

Bank of America Just Told Us Why SanDisk Buyers Keep Showing Up

Perhaps the clearest confirmation of the underlying story came from Wall Street this week. Even as SanDisk shares remained volatile, analysts continued to look through the recent swings and focus on the longer-term NAND supply-demand setup. Bank of America raised its price target on the stock to $2,500 and reiterated its Buy rating, citing expectations that the NAND supply-demand imbalance will persist through calendar 2027 and that pricing will remain strong for longer.

That view fits with the broader analyst backdrop. SanDisk currently carries a Moderate Buy consensus rating, suggesting Wall Street remains constructive even after the stock’s enormous run and recent volatility.

The reasoning is compelling. The supply crunch driving SanDisk’s extraordinary run this year has not disappeared. If anything, analysts see signs that tight NAND conditions could last longer than earlier bull cases had assumed.

That helps explain why every drop has been met with quick and forceful buying. The buyers stepping in may not simply be chasing short-term bounces. Some appear to be positioning for a supply-demand story that could continue well into next year.

The Bigger Picture: SanDisk Bulls Still Look in Control

To be sure, SanDisk isn't a stock for the faint-hearted, and yesterday's 10% drop is a reminder that the volatility is very real. There's always the risk that the broader tech sell-off could gain steam, and stocks priced for as much success as SanDisk is right now do stand to get hit hardest if and when the mood eventually sours.

But until then, while volatility might look scary on the surface, the market’s recent reaction confirms that the bulls remain firmly in control.

Xcel Energy Stock Offers Stability as Electricity Demand Builds

Written by Peter Frank. Article Posted: 6/26/2026.

Xcel Energy (NASDAQ: XEL) is dependable, predictable, and steady. In other words, it’s generally boring—yet analysts rate it a solid Buy.

Xcel is the kind of stock that income-oriented investors often overlook because it does not make headlines, and growth investors skip it because it sounds like a bond substitute. Both groups may be missing something. The Minneapolis-based company is posting solid earnings growth, predictable guidance, and a steady long-term outlook.

He bet half his $9 billion on ONE stock (Ad)

One of the most successful fund managers of the past 50 years put more than half of his $9 billion portfolio - roughly $4.5 billion - into a single little-known company. Then his firm bought more shares for 61 straight trading days.

The former CEO of Google followed with a nine-figure partnership. The White House invoked emergency powers to protect what this company controls. A July 13th deadline could trigger a flood of institutional buying. Whitney Tilson, who called Netflix at 78 cents and Apple at 38 cents, is giving away the name and ticker free.

Watch the free presentation and get the ticker before July 13th

But with a reasonably valued price-to-earnings ratio, the stock is not for everyone. Investors should balance its dependable dividends and stability against its current valuation, execution risks, and limited near-term upside.

Xcel Thrives After Decades of Investments

Xcel’s regional dominance has been built over decades. The current company was formed in 2000 through the merger of New Century Energies and Northern States Power, bringing together utility operations in the upper Midwest and Rocky Mountain West. Before the merger, Xcel operated as a classic regulated utility. It offered steady dividends, predictable low single-digit growth, and a stock that moved mostly with interest rate changes.

That picture began to change as the industry shifted and electricity demand surged. Xcel was an early mover in renewable energy, turning to wind and solar ahead of many peers. Those investments positioned the company well in states such as Colorado and Minnesota, where regulators began mandating decarbonization of the electricity supply.

At the same time, the development of large-scale data centers in the company's service areas pushed new load growth to levels not seen in decades.

Today, the company serves 3.7 million electric customers and 2.1 million natural gas customers across eight states, including Minnesota, Michigan, Colorado, Texas, New Mexico, and the Dakotas. Importantly, that geographic breadth also helps reduce the risk that a single statewide rate case could materially affect the overall business.

Capital Spending Planned for Long-Term Growth

The push for additional energy generation in the region continues to support the company’s growth.

Xcel has announced plans to pursue a $60 billion capital investment program through 2030, driven by electrification demand, data center growth, and the ongoing transition away from fossil fuels. The company has said it is targeting, among other things, grid expansion, renewable energy growth, new generation capacity, and transmission infrastructure.

If approved by regulators, the buildout could significantly expand Xcel’s rate base and provide a strong path for earnings growth well beyond the current year. The company has set an earnings-per-share growth objective of 6% to 8% or higher annually, an aggressive level for a regulated utility. The company’s compound annual growth rate already sits at 6.2% for ongoing earnings per share since 2005.

The company also expects its dividend, currently paying approximately 59 cents per share each quarter, to continue yielding about 3% going forward. Given its projected earnings growth, the company said it expects annual dividend increases of 4% to 6%, continuing a 22-year trend of dividend hikes.

Strong Financial Results Support Outlook

The financial results have been tracking that plan.

First-quarter 2026 ongoing earnings were $567 million, or 91 cents per share, up 17% from $483 million, or 84 cents per share, in the same quarter a year earlier. GAAP earnings came in at $556 million, or 89 cents per share. The quarterly increase was driven by higher electric revenue and continued recovery of electric infrastructure investment through rates, the company said.

The company also updated its full-year 2026 earnings guidance to a range of $4.04 to $4.16, compared with $3.80 in 2025.

Overall, with electric generation providing three-quarters of its revenue, Xcel reported $4 billion in operating revenue in the first quarter this year, compared with $3.9 billion a year earlier.

Analysts See Limited But Steady Upside

That combination of income stability and visible earnings growth has impressed most analysts. The company currently has a solid Buy rating. Of the 17 analysts tracking the stock, 16 rate Xcel as a Buy, while one rates the stock a Sell.

The 12-month average price target is around $91 per share, within a range of targets from $96 to $84. With a current price of about $80, the company’s predictability is clearly reflected in the stock price.

In fact, the stock’s steady climb is also evident in its history. Shares are currently trading approximately 5% higher than three months ago, 10% higher than at the start of the year, and more than 20% higher than one year ago.

Investors Should Weigh the Risks

Despite Xcel’s current predictability and steadiness, utility companies are never without risk. In the market, the utility sector competes with bonds for many investors, and interest rate hikes can hit valuations as well as borrowing costs for major projects.

In addition, Xcel's capital program is ambitious by any measure, and large capital programs are never guaranteed. Cost overruns, supply chain delays, or adverse regulatory decisions can result in less recovery than management expects.

Wildfire liability is also a risk, especially with exposure in Colorado and other western states. Xcel has recognized this risk and formed a partnership with the National Forest Foundation in May this year, specifically to support wildfire mitigation and forest restoration.

Stability Remains Xcel’s Biggest Strength

Xcel has a lot to recommend it. It’s a well-positioned, regulated utility with a reliable dividend yielding 3%, projected annual earnings growth of 6% to 8%, and roughly 12% upside from current levels.

For conservative investors, it also offers a business aligned with long-term trends in electricity demand and the clean energy buildout. But it is fairly priced, and appreciation could be slow.

In many ways, the company might be boring. But with steady accumulation and a multi-year horizon, Xcel’s income, growth, and delivery of an increasingly essential product might be exciting enough.