Jim Cramer Says Dell Faces Pricing Pressure From Storage Suppliers

Dell Technologies Inc. (NYSE:DELL) is one of the stocks Jim Cramer talked about, along with market froth. Noting that the stock is down more than 30% since its high nearly three months ago, a club member sought Cramer’s thoughts on the stock. He stated:

Okay, I like Dell very much. Here’s the problem. They are a big buyer of storage. They’re a buyer of Micron. They’re a buyer of these disk drives. They’re buyer of all the companies that are in tight supply, and those companies keep raising prices to Dell, which means Dell has to eat it, and their margins are going to get hurt. So you have to wait till it reports, or you have to wait until we finally see some sort of peak in these different lower-end storage companies, or like a Micron.

Dell Technologies Inc. (NYSE:DELL) provides storage systems, servers, networking gear, and consulting services, as well as laptops, desktops, workstations, and accessories. During the episode aired on December 19, 2025, a caller highlighted that the stock had been declining since they started a position in it and asked for Cramer’s advice. The Mad Money host replied:

Alright, you’re right to worry because a lot of people are concerned that the, that their parts themselves have gone up a lot, and their raw costs are going down. I think Dell can fall from here. I think it can fall, but not below much, maybe 115, 110. And you should buy it because Michael Dell will be in there buying with you, and he is a very smart fella, and he’s not going to let those component costs bother the bottom line too much. The stock is still up for the year.

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