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Jim Cramer Commented On Big Market Confusion & Discussed These 20 Stocks. Sandisk Corporation (NASDAQ:SNDK) is one of the stocks discussed by Jim Cramer.

Computer memory products manufacturer Sandisk Corporation (NASDAQ:SNDK)’s shares have been among the top performers in the market in today’s AI-driven investing era. They are up by an unbelievable 3,350% over the past year and by 331% year-to-date. Cantor Fitzgerald and Morgan Stanley had discussed Sandisk Corporation (NASDAQ:SNDK)’s stock on April 27th. The former raised the share price target to $1,400 from $1,000 and kept an Overweight rating on the stock. According to Cantor, the memory company would deliver a beat-and-raise quarter as it benefited from tight capacity across the consumer, enterprise, and hyperscale markets. Morgan Stanley raised the share price target to $1,100 from $690 and kept an Overweight rating. The bank remarked that while Sandisk Corporation (NASDAQ:SNDK)’s stock reflected the strength in the NAND market, maximum AI investment should benefit the firm. Cramer also commented on the tight memory chip market:

“Look I was on that Seagate call, they’re not even spending that much money, they’re enjoying the tightness. Sandisk is enjoying the tightness.”

While we acknowledge the potential of SNDK as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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