Jim Cramer warned on October 19 that SanDisk and Western Digital, two storage stocks with large year-to-date gains, would be the worst holdings if fewer data centers are built. SanDisk closed at $1,371.12, up 5.53%, and Western Digital rose 6.09% to $352.21, though both had fallen sharply over the past month. The article says both companies sell commodity-priced NAND flash and hard drives, with price increases driving much of recent growth and no recurring billing from installed customers to cushion a slowdown. SanDisk's prepayment-backed agreements with eight customers guarantee at least $93.9 billion in revenue at floor pricing, but most of its sales still move with market prices. The bullish case rests on Microsoft's capex of $115.948 billion in fiscal 2026 and expected $175 billion in fiscal 2027, spending levels that Microsoft itself controls.
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MSFT
• NeutralMicrosoft
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Systems Software |
| Market cap | $4.0T |
| Close on 10/19/2026 | 533.52 |
| Change that session | +0.84% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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