We recently published a list of Did Jim Cramer Get These 23 Stocks Right?. In this article, we are going to take a look at where Dell Technologies Inc. (NYSE:DELL) stands against other stocks that Jim Cramer discussed 12 months ago.
In a recent appearance on CNBC’s Squawk on the Street, Jim Cramer commented on the markets ending another volatile week that ended after a massive $4 trillion selloff on the flagship S&P 500 since the post-election week at the start. He outlined that one of the reasons that the week was tumultuous was that the President was “creating pain” and then saying that he was sorry that there was pain. Cramer described Trump as gratuitous and added that the President’s comments had killed the stock market’s rally.
Cramer added that Trump “took stocks that had been going up and reversed them.” Cramer’s “still trying to figure out where the playbook gets us,” with the playbook being the President’s comments about the economy and the stock market. Following this, co-host Carl Quintanilla asked Cramer his thoughts on rumors that the President was trying to drive the bond market down but the strategy didn’t seem to be working. In response, Cramer shared:
“Well I mean we had that auction yesterday, that didn’t go well. People are kind of so on edge, but it’s not a flight to quality on edge. It’s more of a flight to cash. I mean you know this idea of a flight to quality does include that there’s part of the curve you wanna be on. Now when I was a hedge fund manager, there were these moments where you’d hear flight to quality and that meant that you really wanted to be in 30-day paper. We’re kind of back to that. Because that’s safe. 30-day’s very safe. It’s safe from the President. And, look, I, the President’s interesting. He’s intriguing. But I never really felt that we were in a moment where stocks should go down. When I was close to President Biden, when he would ride the train and I’d see him in Washington. . .I would have the page [inaudible] stock price, he would come over [inaudible] I don’t care about any of those. Well the President does. He wants them lower! He’s creating a sale. I mean I’ve never seen a sale mandated before. No one was thinking that he was going to bend when he did that gratuitous tweet.”
READ ALSO: Was Jim Cramer Right About These 23 Stocks? and Jim Cramer Discusses These 11 Stocks & Says People Don’t Understand Tariffs
He also shared his thoughts on the President’s latest round of tariffs on expensive alcoholic beverages:
“I mean the average person in this country, Republican or Democrat, is struggling to try to figure out what it means to put a big tariff on champagne other than the fact that well hey, there goes champagne. There’s no context. There’s no understanding. There’s no webpage you can go to that allows you to learn. You know you’re on your own, everyone’s on their own trying to figure out what a tariff means. And you know what does a tariff means? Well it means Pernod, Pernod Ricard, more expensive. You know, Campari. I mean people don’t know what these things mean. I’m in the liquor business and I don’t know what it means.”
Methodology
For this article, we compiled a list of 23 stocks that were discussed by Jim Cramer during the episode of Mad Money on March 25, 2024. We then calculated their performance from March 25th, 2024, market close to March 18th, 2025, market close. We have also included the hedge fund sentiment for the stocks, which we sourced from Insider Monkey’s Q4 2024 database of over 900 hedge funds. The stocks are listed in the order that Cramer mentioned them.
Please note that this article mentions Jim Cramer’s previous opinions and may not account for any changes to his opinions regarding the stocks that are mentioned. It is primarily an examination of how his previously provided opinions have panned out.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
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Dell Technologies Inc. (NYSE:DELL)
Number of Hedge Fund Holders: 63
Jim Cramer mentioned Dell Technologies Inc. (NYSE:DELL) as one of the companies that had a lot of benefits to gain from its partnership with Nvidia at the time. He said:
“Jensen regards Dell as a crucial partner when it comes to installing Nvidia systems everywhere. […] I didn’t know they were so close until Dell’s most recent completely blowout quarter. I think Dell’s got more room to run.”
Cramer’s thesis didn’t pan out, with Dell Technologies Inc. (NYSE:DELL) dropping by 14.69% since the episode aired.
On the 14th of March, Jim Cramer mentioned some reasons behind the unimpressive stock performance of Dell Technologies Inc (NYSE:DELL).
“Dell Technologies, the iconic maker of personal computers, servers, and storage equipment that I’ve liked for a very long time, has gone from one of the big winners of the AI infrastructure story to a name that just can’t seem to catch a bid, as investors have turned against anything AI-related. Dell servers are the way that many enterprise customers actually get access to NVIDIA’s fancy chips, and their storage products are used in many AI infrastructure stacks. On top of the hardware, the company has a consulting business that basically tells customers what they need as they build out their AI infrastructure. That’s why the stock rallied 90% in 2023 and more than doubled in the first five months of last year, charging all the way up to 180 in last May. Those were house-young times. Since then, though, the stock of this amazing company has been acting terribly. It’s essentially been cut in half, falling back to the low 90s today. Now, initially, there was a period of choppy trading last summer, and after a couple of mixed quarters, well, you know what? That’s what happened. When I covered the stock last September at 110, I told you it was still worth owning. Sure enough, the stock then rebounded to $147 and change in late November. Since then, though, the stock’s really rolled over again, and it’s been trading—well, let’s say it’s been trending lower, how about that? Some of it has to do with the belief that no one’s going to make any money off of AI except Nvidia.”
Overall, DELL ranks 17th on our list of stocks that Jim Cramer discussed 12 months ago. While we acknowledge the potential of DELL as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than DELL but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.
