Jim Cramer Says “It’s an Easy Call to Say to Buy Dell and to Believe in Michael Dell”

Jim Cramer Says “It’s an Easy Call to Say to Buy Dell and to Believe in Michael Dell” Syeda Seirut Javed Wed, June 17, 2026 at 6:38 PM GMT+2 2 min read DELL Dell Technologies Inc. (NYSE: DELL ) was among Jim Cramer’s stock calls on Mad Money, as he highlighted worthy space players and reviewed several of this year’s IPOs . Noting that the stock is up 155% since the end of March, a caller asked if it is a buy, sell, or hold.

In response, Cramer stated: You want to hold on there. I think it’s a terrific stock. As a matter of fact, if it pulled back any more than it has, like I was looking at it yesterday, and I said, jeez, you know, this thing has really come down very quickly, and it’s just a terrific buy.

Michael Dell, by the way, is doing fantastic work… It’s an easy call to say to buy Dell and to believe in Michael Dell. Photo by Its me Pravin on Unsplash Dell Technologies Inc. (NYSE:DELL) provides storage systems, servers, networking gear, and consulting services, as well as laptops, desktops, workstations, and accessories.

During the June 1 episode, Cramer said that “We shouldn’t have been scared of Dell,” as he remarked: We spend a huge amount of time around here pondering the supposed overvaluation of tech. It’s right at the heart of what’s allegedly wrong with the stock market, right? But I challenge that on two different fronts.

First, how expensive is tech really? Just consider Dell. Four months ago, Dell was at $114, and there were plenty of firms thinking it was way too expensive because it was going to have a huge problem on its hands, thanks to rising memory prices and a pesky Super Micro, a difficult, well-connected competitor.

Any generalist who was looking at the company certainly wasn’t all that attracted to it. Dell was buying back a lot of stock. It seemed like a decent situation except the intelligentsia kept coming on air and was busy telling everyone it was a gigantic bubble.

Turns out this stock was selling for only 8 times forward earnings, perhaps one of the cheapest 10 to 15% of stocks in the entire S&P 500. We just didn’t know it yet because the company hadn’t reported it yet. We shouldn’t have been scared of Dell.

We should have been buying it. That $114 stock now trades at $465. While we acknowledge the potential of DELL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk.

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