20 Stocks Jim Cramer Discussed in This Changing Market Including Sandisk and TJX

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6. Sandisk Corporation (NASDAQ:SNDK)

Sandisk Corporation (NASDAQ:SNDK) was among the stocks Jim Cramer discussed in this changing market. Cramer mentioned the stock during the episode and said:

Look, there’s just too much opportunity out there to hold on to stocks that refuse to budge. So the lesson here is that if you think a stock’s headed higher, don’t use where the stock has come from as an excuse not to buy. Notice, I’m not even including the wow ones: Micron, Western Digital, Seagate, Sandisk. I’m not talking about those. I’m talking about the more easily attainable. Those ones are just incredible. Obviously, I missed those. People have made billions in those stocks.

Sandisk Corporation (NASDAQ:SNDK) sells NAND flash-based storage solutions, including solid-state drives, embedded storage, removable cards, and USB drives. Cramer shared his thoughts on the company during the May 6 episode, as he commented:

Right now, I think some people are getting the message at last that the computing AI revolution represents perhaps the greatest single trend of our lifetimes. Yet all I ever hear is people trying to talk you out of participating in this Manna from heaven machine. It’s too hard to stick with the winners long enough to make yourself rich because the critics always talk about how ephemeral the moves are, how dangerous they can be, or how much you’re going to lose if you don’t trade in and out. Like you can really catch those moves.

I say, no way. Consider this: If you put 10 grand into NVIDIA a decade ago, it’d be worth roughly, I don’t know, $2.4 million. How about that? But who had the fortitude to stick with this one for an entire decade? Sandisk, Western Digital, Micron, they’re all making you so much money, so was the… AMD, 66 points today. Yet there’s a whole cottage industry that exists just to scare you out of these winners. Today, it was the discussion of the gains in the data center stocks and how ephemeral they’ll be.

While we acknowledge the potential of SNDK to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than SNDK and that has 100x upside potential, check out our report about the cheapest AI stock.

Click to continue reading and see 5 Stocks Jim Cramer Discussed in This Changing Market Including Dell and Microsoft.

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