21 Stocks on Jim Cramer’s Radar Like NVIDIA, Tesla and a Wave of Takeovers

8. Sandisk Corporation (NASDAQ:SNDK)

Sandisk Corporation (NASDAQ:SNDK) was among the stocks on Jim Cramer’s Mad Money radar as he taught investors how to profit from the upcoming wave of takeovers. Cramer mentioned the stock during the episode, as he remarked:

Alright, now let’s talk about the winners… The winners for the quarter, the biggest gainers are the exact opposite of the Mag Seven. They make products that are in short supply with demand that’s off the charts. The two biggest winners in tech for the second quarter, a pair of memory companies, Sandisk and Micron… Last week, they (Micron) reported one of the biggest beat-and-raise quarters I’ve ever seen. Memory price has gone through the roof. Sandisk has done well, too. Both stocks have more than tripled in the last three months.

Sandisk Corporation (NASDAQ:SNDK) sells NAND flash-based storage solutions, including solid-state drives, embedded storage, removable cards, and USB drives. Cramer mentioned the stock during the May 27 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.