Sandisk (SNDK) & Shortages Are on Jim Cramer’s Mind

We recently published Jim Cramer Discussed These 10 Stocks & Commented On Gold Price.  Sandisk Corporation (NASDAQ:SNDK) is one of the stocks Jim Cramer discussed.

Computer memory storage manufacturer Sandisk Corporation (NASDAQ:SNDK)’s shares are among the top performers on the market as they are up by triple-digit percentage since early 2025. In 2026, several analysts have discussed the firm. One recent coverage came from Mizuho, as it increased Sandisk Corporation (NASDAQ:SNDK)’s share price target to $600 from $410 and kept an Outperform rating. The financial firm outlined that the technology company is benefiting from pricing power in its industry of NAND and DRAM products. A key factor that Mizuho noted was that NAND wafer capacity was expected to be short in 2026 and 2027, which could lead to a whopping 330% price increase in 2026. Along with Mizuho, Benchmark also significantly raised Sandisk Corporation (NASDAQ:SNDK)’s share price target in January, as it bumped it to $450 from $260 and maintained a Buy rating. Capacity in the NAND market was one reason that drove Benchmark’s coverage as well. Likewise, capacity was also on Cramer’s mind as he discussed Sandisk Corporation (NASDAQ:SNDK):

“Now, when you don’t have shortage, it looks like things are going to be bad for Sandisk. . .Don’t misread this. This number’s been missed because they couldn’t meet demand. Not because there’s not enough demand. So the idea that today’s a down day, for these, and an up day for NVIDIA, that would be the narrative typically, I talked about that in my monthly call, which is that you can’t have both the momentum stocks, that’s Sandisk. . .but you can’t have those go up and also have NVIDIA go up.”

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