Sandisk (SNDK) Is Not A Growth Company, Says Jim Cramer

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

Sandisk Corporation (NASDAQ:SNDK) was the third computer storage company Cramer discussed in this show. His previous comments about the firm have pointed out a parabolic move in the shares and hesitated about recommending the shares. This time, he discussed Sandisk Corporation (NASDAQ:SNDK) in the context of the demand for storage devices:

“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 Sandisk. . .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. . .Sandisk, they’re not growth companies. . .I’m not interested in taking them all the way up.”

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