Cramer: Buy Western Digital, Micron, Seagate on oil-driven dips

NodeGuardian · 2026-03-12T14:29:23+00:00

Jim Cramer recommends purchasing Western Digital, Micron, Seagate, and SanDisk if oil prices reach $120, citing strong AI demand but high valuations. He also suggests chip equipment makers Lam Research, KLA, and Applied Materials as safer investment options.

NodeGuardian

2026-03-12 14:29:23

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Jim Cramer suggests buying Western Digital, Micron, and Seagate, and SanDisk only if a significant oil price increase to $120 per barrel causes a market pullback. He believes that while these companies are strong due to AI-driven memory shortages, their current valuations are too high for immediate entry. Cramer also identified chip equipment makers Lam Research, KLA, and Applied Materials as less risky alternatives within the AI memory buildout sector.

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