Western Digital (WDC) & Shortages Are on Jim Cramer’s Mind

Core Insights - Jim Cramer has discussed Western Digital Corporation (NASDAQ:WDC) multiple times, highlighting its strong market performance and recent share price increases [1] - Despite the positive momentum, Cramer cautioned that Western Digital may not be the ideal stock to hold, linking its performance to a current shortage in the computer memory storage sector [2] - Analysts, including Rosenblatt, have raised Western Digital's share price target significantly from $165 to $270, maintaining a Buy rating due to factors like heat-assisted devices and strong order demand [1] Group 1 - Western Digital Corporation's shares are performing well in the market, but Cramer warns against investing in the stock [1] - The company is experiencing a shortage that is affecting its ability to meet demand, which is a key factor in its stock performance [2] - Cramer noted the relationship between Western Digital and NVIDIA, suggesting that both cannot experience upward momentum simultaneously [2] Group 2 - Analysts are optimistic about Western Digital's future, citing technological advancements and strong order flow as reasons for the increased price target [1] - The discussion around Western Digital also reflects broader trends in the computer memory storage industry, particularly related to supply shortages [2] - There is a belief that while Western Digital has potential, other AI stocks may offer better returns with lower risk [2]