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Quick spark: Jim Cramer flags Dell as the next winner after SMCI preliminary results

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Dell Technologies DELL could be poised for strong performance if preliminary results from Super Micro Computer SMCI are an indicator. In an X post on Tuesday evening, Jim Cramer highlighted the potential for Dell to deliver impressive results in light of Super Micro‘s recent success. Super Micro’s Strong Preliminary Results Super Micro announced strong preliminary results for its fourth quarter on Tuesday afternoon, which sent its stock soaring...

Dell Technologies DELL could be poised for strong performance if preliminary results from Super Micro Computer SMCI are an indicator.

In an X post on Tuesday evening, Jim Cramer highlighted the potential for Dell to deliver impressive results in light of Super Micro‘s recent success.

Super Micro’s Strong Preliminary Results

Super Micro announced strong preliminary results for its fourth quarter on Tuesday afternoon, which sent its stock soaring in after-hours trading.

The company reported a record backlog with new orders exceeding $60 billion, and gross margins expected to be between 15% and 17%, significantly higher than prior guidance.

The positive outlook has led to a surge in Super Micro’s shares, which rose 16.99% in after-hours trading. The optimism surrounding Super Micro’s performance is seen as a potential indicator for Dell’s upcoming results, given the similar market dynamics.

More details can be found in the report on Super Micro’s stock movement.

Market Anticipation for Dell Technologies

The anticipation for Dell’s performance is heightened by the favorable conditions experienced by Super Micro. Investors are closely watching Dell, expecting it to benefit from similar market trends that have positively impacted Super Micro.

As Dell prepares to release its own financial results, the market is eager to see if it will mirror the success of its industry peer, potentially leading to a positive reaction in its stock price.

Dell is scheduled to report fiscal year 2027 second quarter earnings on Sept. 3.

Image: Shutterstock

This article QUICK SPARK: Jim Cramer Flags Dell as the Next Winner After SMCI Preliminary Results originally appeared on Benzinga.com.

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