Jim Cramer Highlights Sandisk One of the Storage Plays “That Had Been Red Hot But Suddenly Turned Ice Cold”
Group 1 - Sandisk Corporation (NASDAQ:SNDK) is identified as a significant stock that influenced market trends prior to NVIDIA's performance, with its stock price dropping sharply alongside Micron, indicating a broader market sentiment shift [1] - Sandisk specializes in NAND flash-based storage solutions, which include solid-state drives, embedded storage, removable cards, and USB drives, highlighting its product range in the tech storage sector [2] - While Sandisk shows potential as an investment, there are AI stocks perceived to have greater upside potential and lower downside risk, suggesting a competitive landscape in the investment space [3]