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Sandisk and Camping World have been highlighted as Zacks Bull and Bear of the Day
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For Immediate Release
Chicago, IL – October 19, 2026 – Zacks Equity Research shares Sandisk (SNDK - Free Report) as the Bull of the Day and Camping World (CWH - Free Report) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Tesla (TSLA - Free Report) and SpaceX (SPCX - Free Report) .
There's an old saying on Wall Street that the trend is your friend. Well, when it comes to the technology sector, there are few trends more powerful than the artificial intelligence boom. We've seen the incredible run in NVIDIA and the companies building out AI infrastructure. But there's another corner of the market that has been absolutely on fire. I'm talking about memory and storage.
AI needs more than just powerful processors. It needs massive amounts of data, and that data needs somewhere to live. That's creating a tremendous opportunity for companies providing the infrastructure behind the AI revolution. One of those companies is today's Bull of the Day, Zacks Rank #1 (Strong Buy) Sandisk.
Sandisk develops and manufactures NAND flash-based storage products, including solid-state drives, embedded storage solutions, and consumer memory products. The company returned to the public markets as a standalone business in February 2025 following its separation from Western Digital. Since then, investors have been treated to an incredible rally as demand for high-performance storage has exploded.
Sandisk is in the Computer – Storage Devices industry, which ranks in the Top 10% of our Zacks Industry Rank. That's a very favorable backdrop for a stock already benefiting from some of the strongest growth trends in technology.
Sandisk Corporation Price and Consensus
The numbers behind this company are nothing short of staggering. Sandisk recently reported fiscal fourth-quarter earnings of $39.25 per share, beating the Zacks Consensus Estimate by 14.63%. Revenue surged 371.6% year over year to $8.97 billion, exceeding expectations by roughly 8%. Datacenter revenue jumped 103% sequentially to $2.98 billion as hyperscalers continued gobbling up storage capacity to support AI workloads.
That growth is translating into incredible profitability. Non-GAAP gross margins expanded to 84.6%, up from 78.4% in the previous quarter. Think about that for a second. This is a company selling storage products, yet it's generating margins that would make plenty of software companies jealous.
Revenue estimates tell a similar story. Analysts are looking for fiscal 2027 sales of $49.25 billion, up from $20.25 billion in fiscal 2026. That's more than 143% revenue growth. Fiscal 2028 sales are projected to climb another 19% to $58.46 billion.
The reason for the favorable rank is that over the last sixty days, analysts have upped the ante for both the current year and next year. The bullish moves have pushed up our Zacks Consensus Estimate for the current year from $192.82 to $213.31 and next year up from $181.88 to $252.80. The stock has had some pressure recently because of the financing questions popping up in the Neocloud space. This should eventually work itself out. While investors know the numbers can't grow like this forever, they should be enjoying the profits while they can.
The stock market can be a cruel place sometimes. Just when you think things can't get any worse, the selling continues. That's especially true for companies that are struggling to find their footing in an economy where consumers are becoming increasingly selective about how they spend their money. Big-ticket discretionary purchases are particularly vulnerable. When financing costs are high and consumers are feeling the pinch, buying a new recreational vehicle isn't exactly at the top of everyone's priority list.
That's creating some serious headaches for today's Bear of the Day, Zacks Rank #5 (Strong Sell) Camping World. Camping World Holdings is one of the nation's largest retailers of recreational vehicles. The company operates a network of RV dealerships, offering new and used motorhomes, travel trailers, and fifth wheels. It also provides financing, insurance, service, maintenance, and accessories through its Camping World and Good Sam brands.
It's a business that benefited tremendously from the pandemic-era boom in outdoor recreation. Consumers had money to spend, financing was cheap, and RV sales were booming. Unfortunately, that environment has changed considerably. Higher borrowing costs, affordability pressures, and a more cautious consumer have created a much more challenging backdrop for the RV industry.
That weakness is showing up where it matters most to us here at Zacks. I'm talking about earnings estimates. Over the last thirty days, four analysts have lowered their earnings estimates for the current year. Not a single analyst has increased estimates during that period. The bearish sentiment has pushed the Zacks Consensus Estimate for the current year down from 36 cents to just 20 cents per share. That's a decline of nearly 44% in only two months.
Next year's numbers aren't looking much better. Four analysts have also cut their estimates for the following year, pushing the consensus down from 87 cents to 56 cents per share. That's a reduction of more than 35%. Those downward revisions are the primary reason Camping World currently carries a Zacks Rank #5 (Strong Sell).
Camping World Price and Consensus
The industry backdrop isn't doing the company any favors either. Camping World is part of the Automotive – Original Equipment industry, which ranks in the Bottom 13% of our Zacks Industry Rank. That's not exactly the sort of neighborhood I want to be shopping in when the broader market is already dealing with uncertainty.
Tesla and its CEO Elon Musk know how to command a stage. Yesterday's Roadster event featured rocket-assisted flips, a car launching off a ramp, and Musk declaring that the future includes flying cars. But the stock's real test is the earnings report on Oct. 21, and no stunt can change the mood heading into the release.
Impressive and a Bit Gimmicky, Roadster Is Years Away
The demo was designed to dazzle and Tesla's loyal fans were certain to lap it up. The Roadster climbed a giant curved ramp, clung to it with a fan-based suction system until it was upside down, then used cold-gas thrusters developed with SpaceX to launch, flip in midair and land cleanly. In a second stunt, it vaulted over a row of cars and a semi-truck. The Roadster was shown hitting 60 mph in under a second, though the 230-mph top speed is Musk's claim for certain versions.
Tesla is already taking money. A "Performance" reservation needs a $50,000 deposit, the "Thrust" version with acceleration thrusters needs $250,000, and an invite-only single-seat "Rocket" variant promises a full flight system.
Yet production isn't expected until 2028, nearly a decade after the car was first unveiled in 2017. For a company under margin and free cash flow pressure and pivoting toward robotics and self-driving, we might as well dismiss the Roadster demo as engineering showmanship that adds little to the business.
TSLA's Reality: Deliveries Held Up, Profits Not Likely To
Tesla's third-quarter deliveries of 486,532 beat the Zacks Consensus Estimate of 471,262 and marked Tesla's best quarter in a year. Deliveries were still 2.1% below the same quarter last year, but that was a period inflated by Americans rushing to buy before federal EV tax credits expired.
The concern is that the volume isn't turning into profit. In the second quarter of 2026, automotive gross margin (excluding regulatory credits) slid to 16.3% amid persistent price cuts. The energy storage business, once a bright spot, saw margins collapse from 39.5% to 20.4%. Selling more while earning less on each sale is worrying for investors.
The Rising Bill for TSLA's Future Bets
Meanwhile, spending is climbing. Capital expenditure is expected to exceed $25 billion in 2026. Second-quarter 2026 FCF turned negative to $1.09 billion, and the metric will be under pressure in the near term.
Capex is going into autonomy, AI, robotics and manufacturing capacity. Optimus is still early-stage, and Cybercab is only starting to scale. Both may pay off someday, but for now they are expenses, and Tesla hasn't offered a clear timeline for when they will produce meaningful returns.
The Valuation Gap We Can't Ignore
The share price assumes autonomy and robotics will become major profit engines. The businesses funding those bets, cars and energy storage, are earning less. The distance between what investors expect and what Tesla is currently delivering is the biggest risk, and a rich valuation leaves little room to defend it. Tesla carries a Value Score of F. Analysts appear to sense this, with earnings estimates being trimmed ahead of the report.
The Bottom Line
The Roadster might be creating buzz, but a flying demo can't repair shrinking margins, and a 2028 launch date can't pay this year's bills. Musk may be excited, and so may Tesla's faithful, but earnings are where the numbers get tested.
With margins sliding, spending rising and estimates falling, the risk heading into third-quarter results looks tilted to the downside.
The stock currently carries a Zacks Rank #4 (Sell).
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Zacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks "Terms and Conditions of Service" disclaimer. www.zacks.com/disclaimer.
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss.This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performancefor information about the performance numbers displayed in this press release.
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Sandisk and Camping World have been highlighted as Zacks Bull and Bear of the Day
For Immediate Release
Chicago, IL – October 19, 2026 – Zacks Equity Research shares Sandisk (SNDK - Free Report) as the Bull of the Day and Camping World (CWH - Free Report) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Tesla (TSLA - Free Report) and SpaceX (SPCX - Free Report) .
Here is a synopsis of all four stocks:
Bull of the Day:
There's an old saying on Wall Street that the trend is your friend. Well, when it comes to the technology sector, there are few trends more powerful than the artificial intelligence boom. We've seen the incredible run in NVIDIA and the companies building out AI infrastructure. But there's another corner of the market that has been absolutely on fire. I'm talking about memory and storage.
AI needs more than just powerful processors. It needs massive amounts of data, and that data needs somewhere to live. That's creating a tremendous opportunity for companies providing the infrastructure behind the AI revolution. One of those companies is today's Bull of the Day, Zacks Rank #1 (Strong Buy) Sandisk.
Sandisk develops and manufactures NAND flash-based storage products, including solid-state drives, embedded storage solutions, and consumer memory products. The company returned to the public markets as a standalone business in February 2025 following its separation from Western Digital. Since then, investors have been treated to an incredible rally as demand for high-performance storage has exploded.
Sandisk is in the Computer – Storage Devices industry, which ranks in the Top 10% of our Zacks Industry Rank. That's a very favorable backdrop for a stock already benefiting from some of the strongest growth trends in technology.
Sandisk Corporation Price and Consensus
The numbers behind this company are nothing short of staggering. Sandisk recently reported fiscal fourth-quarter earnings of $39.25 per share, beating the Zacks Consensus Estimate by 14.63%. Revenue surged 371.6% year over year to $8.97 billion, exceeding expectations by roughly 8%. Datacenter revenue jumped 103% sequentially to $2.98 billion as hyperscalers continued gobbling up storage capacity to support AI workloads.
That growth is translating into incredible profitability. Non-GAAP gross margins expanded to 84.6%, up from 78.4% in the previous quarter. Think about that for a second. This is a company selling storage products, yet it's generating margins that would make plenty of software companies jealous.
Revenue estimates tell a similar story. Analysts are looking for fiscal 2027 sales of $49.25 billion, up from $20.25 billion in fiscal 2026. That's more than 143% revenue growth. Fiscal 2028 sales are projected to climb another 19% to $58.46 billion.
The reason for the favorable rank is that over the last sixty days, analysts have upped the ante for both the current year and next year. The bullish moves have pushed up our Zacks Consensus Estimate for the current year from $192.82 to $213.31 and next year up from $181.88 to $252.80. The stock has had some pressure recently because of the financing questions popping up in the Neocloud space. This should eventually work itself out. While investors know the numbers can't grow like this forever, they should be enjoying the profits while they can.
Bear of the Day:
The stock market can be a cruel place sometimes. Just when you think things can't get any worse, the selling continues. That's especially true for companies that are struggling to find their footing in an economy where consumers are becoming increasingly selective about how they spend their money. Big-ticket discretionary purchases are particularly vulnerable. When financing costs are high and consumers are feeling the pinch, buying a new recreational vehicle isn't exactly at the top of everyone's priority list.
That's creating some serious headaches for today's Bear of the Day, Zacks Rank #5 (Strong Sell) Camping World. Camping World Holdings is one of the nation's largest retailers of recreational vehicles. The company operates a network of RV dealerships, offering new and used motorhomes, travel trailers, and fifth wheels. It also provides financing, insurance, service, maintenance, and accessories through its Camping World and Good Sam brands.
It's a business that benefited tremendously from the pandemic-era boom in outdoor recreation. Consumers had money to spend, financing was cheap, and RV sales were booming. Unfortunately, that environment has changed considerably. Higher borrowing costs, affordability pressures, and a more cautious consumer have created a much more challenging backdrop for the RV industry.
That weakness is showing up where it matters most to us here at Zacks. I'm talking about earnings estimates. Over the last thirty days, four analysts have lowered their earnings estimates for the current year. Not a single analyst has increased estimates during that period. The bearish sentiment has pushed the Zacks Consensus Estimate for the current year down from 36 cents to just 20 cents per share. That's a decline of nearly 44% in only two months.
Next year's numbers aren't looking much better. Four analysts have also cut their estimates for the following year, pushing the consensus down from 87 cents to 56 cents per share. That's a reduction of more than 35%. Those downward revisions are the primary reason Camping World currently carries a Zacks Rank #5 (Strong Sell).
Camping World Price and Consensus
The industry backdrop isn't doing the company any favors either. Camping World is part of the Automotive – Original Equipment industry, which ranks in the Bottom 13% of our Zacks Industry Rank. That's not exactly the sort of neighborhood I want to be shopping in when the broader market is already dealing with uncertainty.
Additional content:
Roadster Hype Can't Mask Tesla's Margin & FCF Woes Before Q3 Earnings
Tesla and its CEO Elon Musk know how to command a stage. Yesterday's Roadster event featured rocket-assisted flips, a car launching off a ramp, and Musk declaring that the future includes flying cars. But the stock's real test is the earnings report on Oct. 21, and no stunt can change the mood heading into the release.
Impressive and a Bit Gimmicky, Roadster Is Years Away
The demo was designed to dazzle and Tesla's loyal fans were certain to lap it up. The Roadster climbed a giant curved ramp, clung to it with a fan-based suction system until it was upside down, then used cold-gas thrusters developed with SpaceX to launch, flip in midair and land cleanly. In a second stunt, it vaulted over a row of cars and a semi-truck. The Roadster was shown hitting 60 mph in under a second, though the 230-mph top speed is Musk's claim for certain versions.
Tesla is already taking money. A "Performance" reservation needs a $50,000 deposit, the "Thrust" version with acceleration thrusters needs $250,000, and an invite-only single-seat "Rocket" variant promises a full flight system.
Yet production isn't expected until 2028, nearly a decade after the car was first unveiled in 2017. For a company under margin and free cash flow pressure and pivoting toward robotics and self-driving, we might as well dismiss the Roadster demo as engineering showmanship that adds little to the business.
TSLA's Reality: Deliveries Held Up, Profits Not Likely To
Tesla's third-quarter deliveries of 486,532 beat the Zacks Consensus Estimate of 471,262 and marked Tesla's best quarter in a year. Deliveries were still 2.1% below the same quarter last year, but that was a period inflated by Americans rushing to buy before federal EV tax credits expired.
The concern is that the volume isn't turning into profit. In the second quarter of 2026, automotive gross margin (excluding regulatory credits) slid to 16.3% amid persistent price cuts. The energy storage business, once a bright spot, saw margins collapse from 39.5% to 20.4%. Selling more while earning less on each sale is worrying for investors.
The Rising Bill for TSLA's Future Bets
Meanwhile, spending is climbing. Capital expenditure is expected to exceed $25 billion in 2026. Second-quarter 2026 FCF turned negative to $1.09 billion, and the metric will be under pressure in the near term.
Capex is going into autonomy, AI, robotics and manufacturing capacity. Optimus is still early-stage, and Cybercab is only starting to scale. Both may pay off someday, but for now they are expenses, and Tesla hasn't offered a clear timeline for when they will produce meaningful returns.
The Valuation Gap We Can't Ignore
The share price assumes autonomy and robotics will become major profit engines. The businesses funding those bets, cars and energy storage, are earning less. The distance between what investors expect and what Tesla is currently delivering is the biggest risk, and a rich valuation leaves little room to defend it. Tesla carries a Value Score of F. Analysts appear to sense this, with earnings estimates being trimmed ahead of the report.
The Bottom Line
The Roadster might be creating buzz, but a flying demo can't repair shrinking margins, and a 2028 launch date can't pay this year's bills. Musk may be excited, and so may Tesla's faithful, but earnings are where the numbers get tested.
With margins sliding, spending rising and estimates falling, the risk heading into third-quarter results looks tilted to the downside.
The stock currently carries a Zacks Rank #4 (Sell).
You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
Free: Instant Access to Zacks' Market-Crushing Strategies
Since 2000, our top stock-picking strategies have blown away the S&P's +7.7% average gain per year. Amazingly, they soared with average gains of +48.4%, +50.2% and +56.7% per year.
Today you can tap into those powerful strategies – and the high-potential stocks they uncover – free. No strings attached.
Get all the details here >>
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Zacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks "Terms and Conditions of Service" disclaimer. www.zacks.com/disclaimer.
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss.This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performancefor information about the performance numbers displayed in this press release.