Jim Cramer Says Sandisk Is “Up Huge, Way Too Much for Me”

Sandisk Corporation (NASDAQ:SNDK) is one of the stocks in focus as Jim Cramer shared his weekly game plan. Cramer noted that the stock has run up significantly, as he said:

Sandisk and Western Digital report at the same time. These are our storage plays. They’ll be very positive. I don’t think they’ll get the same reception that Apple does. I think people are going to say, wow, and just keep buying these, even though this one, Sandisk, is up huge, way too much for me.

Sandisk Corporation (NASDAQ:SNDK) sells NAND flash-based storage solutions, including solid-state drives, embedded storage, removable cards, and USB drives. Cramer discussed the stock performance during the January 5 episode. The Mad Money host commented:

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.

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Disclosure: None. This article is originally published at Insider Monkey.