Jim Cramer Advises To Buy Shares On Sandisk’s (SNDK) Secondary

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Jim Cramer Advises To Buy Shares On Sandisk’s (SNDK) Secondary

Ramish Cheema

Mon, February 23, 2026 at 2:05 AM GMT+9 2 min read

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SNDK

+4.65%

We recently published 10 Stocks On Jim Cramer’s Mind & His Thoughts On Enterprise AI.  Sandisk Corporation (NASDAQ:SNDK) is one of the stocks on Jim Cramer’s mind.

Sandisk Corporation (NASDAQ:SNDK) is a computer storage manufacturer. It is one of the top-performing stocks on the market as the shares are up by more than 1,300% over the past six months and by 136% year-to-date. Sandisk Corporation (NASDAQ:SNDK)’s fiscal second-quarter earnings report saw the firm post a strong set of numbers as it raised fiscal year 2026 guidance. For the current period, Sandisk Corporation (NASDAQ:SNDK) now expects to earn $15.7 billion in revenue and $39.50 in earnings per share, which mark a significant uptick from the previous estimates of $10.9 billion and $16.21. Following the earnings, several analysts discussed the firm. For instance, Bank of America raised the share price target to $850 from $390 and kept a Buy rating. Similarly, Barclays also significantly bumped up Sandisk Corporation (NASDAQ:SNDK)’s share price. It raised the price target to $750 from $385 and kept an Equal Weight rating on the stock. In his previous comments about the company, Cramer remarked that the significant earnings surprise during the latest report was one reason Sandisk Corporation (NASDAQ:SNDK)’s stock had performed well. In this appearance, he discussed the firm’s secondary issuance:

Jim Cramer Advises To Buy Shares On Sandisk’s (SNDK) Secondary

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“By the way, buy every share of Sandisk on that, secondary.”

While we acknowledge the potential of SNDK as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

**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****.****

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