Cramer predicts Micron (MU) can double again, citing AI-driven demand and roughly $100 billion in minimum-price contracts as evidence of disciplined supply.
SanDisk (SNDK) has surged 653% year to date as memory makers collectively channel $25 billion in buybacks rather than funding new production capacity.
Act now: the ***** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Micron Technology didn't make the cut. Grab the names FREE today.
Jim Cramer used his Monday CNBC segment to make an aggressive call on the year's most explosive corner of the market: memory and storage. "Sometimes the opportunity is too great and you can't afford not to take it." He paired that framing with a specific prediction on Micron Technology (NASDAQ:MU): "I think Micron can double again before the boom comes to an end, ***** uming there's no data center slowdown." That conditional matters.
Cramer's timing view is that the group has more room to run. "While I acknowledge that I am not early, I do not think I am late." The Monday close explains the hesitation. SanDisk (NASDAQ:SNDK) finished at $1,786.85, up 8.88% Monday, up 652.74% year to date, and up 44.34% over the past week. Seagate Technology (NASDAQ:STX) closed at $994.79, up 2.19% Monday, up 262.15% year to date, and up 24.20% over the past week. Micron closed at $1,011.75, up 4.13% Monday, up 254.71% year to date, and up 17.51% over the past week. Western Digital (NASDAQ:WDC) closed at $536.01, up 5.35% Monday, up 211.39% year to date, and up 22.28% over the past week.
#NASDAQ #past
SanDisk (SNDK) has surged 653% year to date as memory makers collectively channel $25 billion in buybacks rather than funding new production capacity.
Act now: the ***** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Micron Technology didn't make the cut. Grab the names FREE today.
Jim Cramer used his Monday CNBC segment to make an aggressive call on the year's most explosive corner of the market: memory and storage. "Sometimes the opportunity is too great and you can't afford not to take it." He paired that framing with a specific prediction on Micron Technology (NASDAQ:MU): "I think Micron can double again before the boom comes to an end, ***** uming there's no data center slowdown." That conditional matters.
Cramer's timing view is that the group has more room to run. "While I acknowledge that I am not early, I do not think I am late." The Monday close explains the hesitation. SanDisk (NASDAQ:SNDK) finished at $1,786.85, up 8.88% Monday, up 652.74% year to date, and up 44.34% over the past week. Seagate Technology (NASDAQ:STX) closed at $994.79, up 2.19% Monday, up 262.15% year to date, and up 24.20% over the past week. Micron closed at $1,011.75, up 4.13% Monday, up 254.71% year to date, and up 17.51% over the past week. Western Digital (NASDAQ:WDC) closed at $536.01, up 5.35% Monday, up 211.39% year to date, and up 22.28% over the past week.
#NASDAQ #past
2 months ago
