Dell Technologies Inc. (DELL): When The Stock Falls,  Michael Dell Buys, Says Jim Cramer

We recently published Jim Cramer Analyzed These 10 Stocks & Discussed Inflation. Dell Technologies Inc. (NYSE:DELL) is one of the stocks Jim Cramer recently discussed.

Dell Technologies Inc. (NYSE:DELL)’s shares have gained a modest 4,5% year-to-date as the firm has battled concerns about dropping AI demand and tariff exposure. The stock sank by a whopping 25% in April after President Trump announced his Liberation Day tariffs. More recently, Dell Technologies Inc. (NYSE:DELL)’s shares dropped by 8.9% in August after the firm’s. second quarter earnings report saw it guide third-quarter EPS at a $2.45 midpoint, which missed analyst estimates of $2.49. The miss ended up reigniting fears about the firm’s AI exposure. However, Cramer believes the dip isn’t something to worry about:

“One of the things you want to look at is Dell. Dell is not that bad. But it seems to go down, versus Marvell where people were really let down.

“[On a Dell server margin story] There are issues but I think Michael Dell has demonstrated over and over again that when the stock goes down he buys a lot and you don’t have to worry.”

Here are his previous thoughts about Dell Technologies Inc. (NYSE:DELL):

“You know that I wasn’t wrong about CoreWeave. But I will say that I like Dell off of it [NVDA’s Q2 earnings].”

While we acknowledge the risk and potential of DELL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than DELL and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.