10 Stocks Jim Cramer Discussed As He Warned About Big Risk To Big Tech

3. Western Digital Corporation (NASDAQ:WDC)

Number of Hedge Fund Holders In Q2 2025: 74

Western Digital Corporation (NASDAQ:WDC) is a computer hardware company that makes and sells storage products. The shares have gained a whopping 97.8% year-to-date due to strong earnings reports, which have beaten analyst estimates. For instance, Western Digital Corporation (NASDAQ:WDC)’s shares jumped by 10% in July after the firm’s fourth quarter earnings report. The shares then rose by 12.6% in September after Morgan Stanley raised its price target to $99 from $92 and classified the stock as its Top Pick. Cramer briefly commented on the rise in Western Digital Corporation (NASDAQ:WDC)’s shares:

“Western Digital up once again, at 13 times earnings.”

Here are his previous thoughts about Western Digital Corporation (NASDAQ:WDC):

“Going forward, I think that could be the real difference between Micron and Western Digital… When Micron’s stock goes down, the company will be in there buying it hand over fist with you. When Western Digital’s stock goes down, it just goes down.”