Jim Cramer Super Micro: “Account Irregularities in My Book Equal Sell”

Super Micro Computer, Inc. (NASDAQ:SMCI) was among the stocks Jim Cramer looked at as he discussed the recent bounce in software stocks. When a caller inquired about the stock during the recent Mad Money episode, Cramer said:

No, I look, I think… First of all, thank you for being candid enough. Most people would say, you know, I bought it at the low… It was great to hear. I know it’s painful, but here’s my take. It’s going to bounce probably to $30, and then I need you to get out of it, because account irregularities in my book equal sell. I’m not going to change my rules.

A stock market chart. Photo by Arturo A on Pexels

Super Micro Computer, Inc. (NASDAQ:SMCI) designs and sells modular server and storage systems, including AI, cloud, and edge computing solutions. When a caller sought Cramer’s advice on the stock during the March 17 episode, Cramer replied, “No, you’re buying Dell. You’re not buying SMCI; you’re buying Dell. I’ve had enough.”

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