Nomura's Sidney Ho reiterates a Buy on SanDisk (SNDK -2.2%) ahead of the company's Wednesday Q4...

|By:, SA News Editor

Nomura's Sidney Ho reiterates a Buy on SanDisk (SNDK -2.2%) ahead of the company's Wednesday Q4 report, and predicts SanDisk's revenue will come in at the high end of a $1.5B-$1.6B guidance range. Ho expects strong sales to OEMs to offset weak retail sales, and thinks a favorable supply-demand balance, bolstered by growing solid-state drive shipments, will boost 2012 sales and margins.