Jim Cramer Highlights Sandisk as the Top Performer

Sandisk Corporation (NASDAQ:SNDK) is one of the S&P 500 and Nasdaq-100 stocks Jim Cramer commented on. Cramer mentioned the company during the episode as he said:

“When it comes to the top five performers, do you know that four of them all came from the same business? These are all data storage and memory companies. Well, they belong in the data center. In first place, there’s Sandisk, which was spun off by its old parent company in February and then went on to rally 371% after the spin was completed.”

Sandisk Corporation (NASDAQ:SNDK) sells NAND flash-based storage solutions, including solid-state drives, embedded storage, removable cards, and USB drives. BlackRock Science and Technology Term Trust stated the following regarding Sandisk Corporation (NASDAQ:SNDK) in its third quarter 2025 investor letter:

“As macroeconomic factors, particularly related to trade tensions and tariffs, impacted the technology sector broadly, it had a notably adverse effect on large global hardware companies with complex supply chains and multinational product pipelines. As such, sector allocation to the semiconductors subsector and security selection within the hardware subsector were the largest detractors to relative performance over the period.

Lastly, an underweight position in Sandisk Corporation (NASDAQ:SNDK) (%) detracted from performance, the memory manufacturer rallied due to surging demand for their flash memory products from AI and cloud infrastructure, improved margins following Western Digital’s flash division spin-off, and bullish analyst upgrades amid tight supply and rising flash prices.”

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