Jim Cramer on Sandisk: “That’s Extremely Cheap for a Growth Stock”
Key takeaways
- Cramer explained how the stock sells for relatively cheap despite huge runs, as he said:
- Western Digital and Sandisk have similar trajectories.
- Sandisk Corporation (NASDAQ:SNDK) sells NAND flash-based storage solutions, including solid-state drives, embedded storage, removable cards, and USB drives.
Jim Cramer on Sandisk: “That’s Extremely Cheap for a Growth Stock” Syeda Seirut Javed Wed, May 6, 2026 at 11:52 PM GMT+7 1 min read SNDK WDC Sandisk Corporation (NASDAQ:SNDK) was one of the stocks Jim Cramer looked at during Mad Money’s episode. Cramer explained how the stock sells for relatively cheap despite huge runs, as he said:
Western Digital and Sandisk have similar trajectories. That’s why their stocks can keep charging higher even though the moves seem just crazy. In reality, they’re just catching up to the sky-high but incredibly realistic estimates. Consider the price of Sandisk. Right now, the stock trades at $1,255. It’s supposed to earn around $63 per share in fiscal 2026, which ends in June, and then nearly $170 per share next year, which I think is actually a low-ball estimate, even though it’s up a staggering 3,500%, how’s your S&P fund doing, over the past 12 months. It’s still selling for less than 10 times next year’s earnings. That’s extremely cheap for a growth stock. And make no mistake about it, Sandisk has become a growth stock.
Sandisk Corporation (NASDAQ:SNDK) sells NAND flash-based storage solutions, including solid-state drives, embedded storage, removable cards, and USB drives.