Jim Cramer on Sandisk: “That’s Extremely Cheap for a Growth Stock”

Western Digital and Sandisk person akin trajectories. That’s wherefore their stocks tin support charging higher adjacent though the moves look conscionable crazy. In reality, they’re conscionable catching up to the sky-high but incredibly realistic estimates. Consider the terms of Sandisk. Right now, the banal trades astatine $1,255. It’s expected to gain astir $63 per stock successful fiscal 2026, which ends successful June, and past astir $170 per stock adjacent year, which I deliberation is really a low-ball estimate, adjacent though it’s up a staggering 3,500%, how’s your S&P money doing, implicit the past 12 months. It’s inactive selling for little than 10 times adjacent year’s earnings. That’s highly inexpensive for a maturation stock. And marque nary mistake astir it, Sandisk has go a maturation stock.

Sandisk Corporation (NASDAQ:SNDK) sells NAND flash-based retention solutions, including solid-state drives, embedded storage, removable cards, and USB drives.

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