Jim Cramer Commented on These 21 S&P 500 and Nasdaq-100 Stocks

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1. Sandisk Corporation (NASDAQ:SNDK)

Number of Hedge Fund Holders: 61

 Sandisk Corporation (NASDAQ:SNDK) is one of the S&P 500 and Nasdaq-100 stocks Jim Cramer commented on. Cramer mentioned the company during the episode as he said:

“When it comes to the top five performers, do you know that four of them all came from the same business? These are all data storage and memory companies. Well, they belong in the data center. In first place, there’s Sandisk, which was spun off by its old parent company in February and then went on to rally 371% after the spin was completed.”

Sandisk Corporation (NASDAQ:SNDK) sells NAND flash-based storage solutions, including solid-state drives, embedded storage, removable cards, and USB drives. BlackRock Science and Technology Term Trust stated the following regarding Sandisk Corporation (NASDAQ:SNDK) in its third quarter 2025 investor letter:

“As macroeconomic factors, particularly related to trade tensions and tariffs, impacted the technology sector broadly, it had a notably adverse effect on large global hardware companies with complex supply chains and multinational product pipelines. As such, sector allocation to the semiconductors subsector and security selection within the hardware subsector were the largest detractors to relative performance over the period.

Lastly, an underweight position in Sandisk Corporation (NASDAQ:SNDK) (%) detracted from performance, the memory manufacturer rallied due to surging demand for their flash memory products from AI and cloud infrastructure, improved margins following Western Digital’s flash division spin-off, and bullish analyst upgrades amid tight supply and rising flash prices.”

While we acknowledge the potential of Sandisk Corporation (NASDAQ:SNDK) as an investment, our conviction lies in the belief that 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 this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

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