During the September 8 episode of Mad Money, Jim Cramer compared Dell Technologies Inc. (NYSE:DELL) to Dallas Cowboys star wide receiver CeeDee Lamb. He commented:
Finally, I like Dell Technologies for a wide receiver spot riding a wave of insatiable demand for its AI services. Hence why the stock’s more than quadrupled for the year. The NFL equivalent? Look, I’d say CeeDee Lamb, the Cowboys wide receiver, feels underappreciated this year just like Dell was entering 2026. Lamb’s got a great track record but last year, the Cowboys picked up George Pickens and he did even better. So people are sleeping on Lamb coming into the season. I think he’s ready to reassert himself just like Dell’s been reasserting itself in tech. You can’t double team Dell.
AI Infrastructure Momentum and Record Financial Results
Cramer’s bullish stance is backed by operational growth across Dell Technologies Inc.’s infrastructure segments. During its fiscal second quarter 2027, the company delivered record total revenue of $47 billion, representing a 58% year-over-year increase.
The company’s Infrastructure Solutions Group mainly drove the growth, with revenue surging 89% year over year to nearly $32 billion. Within that division, AI-optimized server revenue doubled to reach $16.4 billion. Additionally, it booked a record $60.9 billion in AI server orders during the quarter, closing out the period with a $95 billion AI server backlog. Management also raised its full-year revenue outlook to $192 billion at the midpoint. You can also check out “Dell (DELL) Reports $60.9B of AI Server Orders and a $95B Backlog. Can the Demand Surge Produce Durable Cash Flow?”
Highlighting the stock’s market reception during his September 2 episode, Cramer noted that Dell trades at less than 20 times earnings with projected earnings reaching $25 per share, pointing out that buyers pushed the stock up 16% to close at $492 as investors favored lower-multiple technology names.
Supply Chain Constraints and Production Bottlenecks
Even with record-breaking demand, Dell Technologies Inc. faces some operational risks tied to its manufacturing ecosystem. The volume of incoming orders is running ahead of available supply, creating execution risks around advanced hardware components and production capacity as the company works through its $95 billion backlog. Any unexpected component shortages, logistics delays, or component cost inflation could compress operating margins and delay delivery timelines, leaving the company vulnerable to execution missteps.
Hedge Fund Backing and Short Interest
According to Insider Monkey’s database, 77 hedge funds held a stake in Dell Technologies Inc. during Q2, compared to 72 in the previous quarter, while short interest sits at 4.64% of the public float. The rising institutional participation, paired with moderate short exposure, highlights growing professional conviction in the company’s hardware execution.
Dell Technologies Inc. captures the high-stakes profile of a breakout portfolio wide receiver. While supply chain pressures and production limits require close monitoring, its dominant position in enterprise artificial intelligence hardware keeps it at the forefront of the tech sector.
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