I Like Dell Technologies Inc. (DELL) Off Of NVIDIA’s Earnings, Says Jim Cramer

We recently published 11 Latest Stocks That Jim Cramer Just Talked About. 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% year-to-date after suffering several major drops. One of these came in February as the firm’s fourth-quarter revenue and earnings miss led to a 17% share price drop. Another was in April when the Liberation Day market bloodbath saw the stock crash by 25%. Dell Technologies Inc. (NYSE:DELL)’s shares dropped by 9% on Friday as the firm’s third-quarter revenue created doubts in investors’ minds about AI demand. Cramer commented on the firm in the context of bullishness surrounding CoreWeave following NVIDIA’s fiscal second quarter earnings:

“You know that I wasn’t wrong about CoreWeave. But I will say that I like Dell off of it.”

A hacker on his laptop. Photo by Sora Shimazaki on Pexels

Earlier this month, Cramer maintained that Dell Technologies Inc. (NYSE:DELL) was a buy:

“Dell’s a buy. Dell’s a buy, and I keep hoping like maybe we get a bad CPI number, I mean, come in and buy, and I can recommend this thing hard. It hasn’t had a break. You should see all the stock that Michael Dell bought back during the downturn. Remember, we came out very strong in the 90s and a 100 and said, when it was there, we had total conviction that Michael was the real deal and he’s always been the real deal. I want to wait for a price break. I think you can get one before the quarter is reported… in August. But I will tell you, the more I do work on Dell, the more I realize he is every bit as great as he always has been. And anytime it goes down, you just buy, buy, buy.”

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