Western Digital (WDC)'s Gains Are Remarkable, Says Jim Cramer

We recently published 12 Latest Stocks on Jim Cramer's Radar . Western Digital Corporation (NASDAQ:WDC) is one of the stocks Jim Cramer recently discussed.

Western Digital Corporation (NASDAQ:WDC) is a computer storage company. Like its peers, Sandisk and Seagate, Cramer has discussed the firm several times this year. The CNBC TV host has remarked that after Intel CFO’s remarks of a shortage in the PC market, Western Digital Corporation (NASDAQ:WDC) can benefit from more sales. He has also commented on the firm’s valuation and sardonically remarked that it has taken Western Digital Corporation (NASDAQ:WDC) 30 years to be appreciated by the market. In this appearance, he continued to marvel at the changed sentiment surrounding the firm:

“Yeah, TSM already, obviously people are saying it’s not that good. Before we had the, looks like the shutdown’s going to end. I continue to believe this move. . .in Western Digital. . .These are the biggest gainers in the S&P is remarkable. But no one seemed to think we would ever have this much need for storage again. But you have PCs working, you have racks working, and then of course you have the data center. David, these companies were left for dead years ago. Look at them. Will you look at them? . . .these companies are not growth companies. . .Western Digital. . .they’re not growth companies. . .I’m not interested in taking them all the way up.”

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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.