Jim Cramer on Dell: "You Need to Own the Stock Ahead of the Quarter"

Dell Technologies Inc. (NYSE:DELL) is one of the stocks on Jim Cramer’s game plan for the week. Cramer made a bold call about the company during the episode, as he said:

“I can’t believe how important Tuesday evening is. First, we have Dell Technologies. The betting line here is that the company’s going to stumble because of some raw ingredients, mainly semiconductors. They’ve gone up so much in price during the quarter. I’m not buying it. This is Dell, for heaven’s sake. I’m not worried about Michael Dell and other commodities. I mean, give me a break. He’ll source them right and get them at good prices. I think the story would be about the company still doing terrifically when it comes to the data center and the enterprise. So you need to own the stock ahead of the quarter. That’s a gutsy prediction, probably the most gutsy that you’re going to hear tonight.”

Dell Technologies Inc. (NYSE:DELL) provides storage systems, servers, networking gear, and consulting services, along with laptops, desktops, workstations, and accessories.

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