Jim Cramer Talked About These 12 Stocks Recently

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9. Super Micro Computer, Inc. (NASDAQ:SMCI

Number of Hedge Fund Holders: 45

When a caller asked about Super Micro Computer, Inc. (NASDAQ:SMCI), Cramer said:

“I think you should absolutely take a little bit off the table. It’s had an incredible run, a parabolic move. We know that we’re gonna hear from Nvidia that’s gonna knock down or take it up.”

Super Micro Computer (NASDAQ:SMCI) specializes in the design and production of cutting-edge server and storage solutions. Cramer was wary of the company due to its accounting irregularities and at the beginning of February said:

“You know, as you were talking, I started getting very interested. I said, oh, down 75% from its high, that could be very good. Maybe it’s a good company, but you just named a company that had accounting irregularities and accounting irregularities, in my book, always equal one thing, sell, sell, sell (buzzer sound), and always will. And that’s what you have to do with that stock.”

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