Jim Cramer Says on Super Micro: “Buy Dell, Sell SMCI”

Super Micro Computer, Inc. (NASDAQ:SMCI) is one of the stocks Jim Cramer recently provided insights on. When a caller asked about the stock during the lightning round, Cramer said:

“Yeah, I know they keep saying things are great, but I’m going to tell you something. I want you to sell that stock and I want you to buy the stock of Dell right here tomorrow morning, okay? Buy Dell, sell SMCI.”

A technical stock market chart. Photo by Energepic from Pexels

Super Micro Computer, Inc. (NASDAQ:SMCI) designs and sells modular server and storage systems, including AI, cloud, and edge computing solutions. During the September 8 episode, a caller inquired about the stock and Cramer suggested buying Dell instead. He remarked:

“No, I can’t because it’s still got those accounting issues, and I think accounting regulations equal sell. I know the CFO of Dell left, and I think that even though the stock is obviously being punished because of that, I would be a buyer of Dell, not Super Micro. I think tomorrow is the day to buy Dell.”

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