Was Jim Cramer Right About These 13 Stocks?

6. Super Micro Computer Inc. (NASDAQ:SMCI)

Number of Hedge Fund Holders: 45

When a caller asked about Super Micro Computer Inc. (NASDAQ:SMCI), Cramer made it clear he strongly preferred Nvidia over SMCI back then, saying:

“No, no, no! I would rather buy Nvidia 100 points higher than it is now than buy SMCI. That’s how I feel about it.”

That was a great call by Jim Cramer as Super Micro Computer Inc. (NASDAQ:SMCI) has plunged by 57.13% since his comments.

His comments from the 7^th of March also reflect his strict stance on the stock:

“There are still remedies that are needed. Until all the remedies happen, I am not going to approve it. In the meantime, that industry has become very cutthroat. Look at HPE today. If you want to know the winner in that space, it’s going to be Michael Dell and I do say at this level that it would be a good idea to buy Michael Dell’s company. It is so low, it sells, it’s nine times earnings and Michael Dell is fantastic at what he does and also probably one of the most charitable people I’ve ever met.”