Jim Cramer Shares Key Insights For Western Digital (WDC)

We recently published Jim Cramer’s 12 Fresh Stocks & Quantum Computing Trading Strategy. Western Digital Corporation (NASDAQ:WDC) is one of the stocks Jim Cramer recently discussed.

Western Digital Corporation (NASDAQ:WDC) is a computer hardware company that sells storage devices. Cramer has discussed the firm several times over the past couple of months. He believes that the firm’s history and technology are finally being appreciated by the market. This time, he discussed Western Digital Corporation (NASDAQ:WDC) in the context of Intel’s latest earnings report. During the Intel earnings, the firm emphasized a shortage in the CPU market. For Cramer, this means hardware companies like Western Digital Corporation (NASDAQ:WDC) can also benefit:

“David Zinsner, who’s a fantastic CFO, remember I mean Micron, he’s just a genius. He says listen, supply constraints, supply constraints, supply constraints. . .Western Digital. . .will go up again. . .They all play a role and then I think that even though NVIDIA was mentioned by Lip-Bu, was having one big product with them, NVIDIA gets taken up too. Tour-de-force conference call, people should all listen to. . . . . .But these others, Sandisk, I mean these companies, no one’s talked about Western Digital since I owned 4% of it in 1998.

“Well when you have David Zinsner who’s such a heavy weight guy, CFO at Intel, saying listen, we’re supply constrained. Those are the ways to play it.”

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

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