Jim Cramer Discussed These 22 Stocks Including A Hidden Oil & Energy Play

15. SanDisk Corporation (NASDAQ:SNDK)

Number of Hedge Fund Holdings in Q1 2026: 114

Computer storage products manufacturer SanDisk Corporation (NASDAQ:SNDK)’s shares are up by a whopping 4,000% over the past year and by 596% year-to-date. Bank of America discussed the firm on July 1st. It raised the share price target to $2,500 from $2,100 and kept a Buy rating on the shares. BofA remarked that SanDisk Corporation (NASDAQ:SNDK) should be able to enjoy pricing power for longer due to the shortage in the NAND storage market. On June 30th, Bernstein significantly raised the share price target to $3,000 from $1,700 and kept an Outperform rating on the stock. The financial firm remarked that the growing trend of long term agreements in the memory industry will benefit suppliers such as SanDisk Corporation (NASDAQ:SNDK). Like the two, Wedbush also raised the share price target. It increased the target to $2,000 from $1,2000 and kept an Outperform rating on the stock. Cramer called the upgrade an attempt to catch up:

“Today is Wedbush’s day. Sandisk. . .we are updating estimates ahead of Sandisk’s fiscal fourth quarter of 26 report and raising our price target from 1,200 to 2,000. . .somebody reads that and then just say, buy. Because that’s a monumental increase in estimate. And it’s probably still too low. . .to put this number up, people just say, you know what, what am I doing. . .it’s a catch up play.”