Sandisk (SNDK) Is Not A Progress Firm, Says Jim Cramer
We lately revealed
12 Newest Shares on Jim Cramer’s Radar . Sandisk Company (NASDAQ:SNDK) is without doubt one of the shares Jim Cramer lately mentioned.
Sandisk Company (NASDAQ:SNDK) was the third pc storage firm Cramer mentioned on this present. His earlier feedback in regards to the agency have identified a parabolic transfer within the shares and hesitated about recommending the shares. This time, he mentioned Sandisk Company (NASDAQ:SNDK) within the context of the demand for storage units:
“Yeah, TSM already, clearly individuals are saying it’s not that good. Earlier than we had the, seems to be just like the shutdown’s going to finish. I proceed to imagine this transfer in Sandisk. . .These are the largest gainers within the S&P is outstanding. However nobody appeared to suppose we might ever have this a lot want for storage once more. However you may have PCs working, you may have racks working, after which in fact you may have the information heart. David, these firms had been left for useless years in the past. Have a look at them. Will you take a look at them? . . .these firms will not be progress firms. . .Sandisk, they’re not progress firms. . .I’m not inquisitive about taking all of them the way in which up.”
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Disclosure: None. This text is initially revealed at Insider Monkey.
