Dell Technologies Inc. (NYSE:DELL) is one of the relatively cheap S&P 500 stocks Jim Cramer talked about. Cramer mentioned the company during the episode and said:
“Next, several quality tech names made the final cut. For example, Dell Technologies, which you know, I’ve liked so much, they made it. And though the stock’s had its ups and downs over the past couple years, it’s still a core player in the AI infrastructure.”
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Dell Technologies Inc. (NYSE:DELL) provides integrated technology solutions through infrastructure, client devices, and related services. The company offers storage, servers, networking, and consulting alongside PCs, peripherals, and support. During an August episode, Cramer called it a buy, as he remarked:
“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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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.
[SRC] https://finance.yahoo.com/news/jim-cramer-says-dell-still-170544868.html
