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Jim Cramer on Dell (DELL): “General Services Administration is Trying to Put the Squeeze to Federal Contractors”

Syeda Seirut Javed

2 min read

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We recently published a list of Jim Cramer Talked About These 16 Stocks Recently. 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 recently.

During the episode, Cramer said that despite Dell Technologies Inc.’s (NYSE:DELL) strong performance, the company’s stock fell due to government pressure on contractors. He added that it could hurt its sales.

“There’s a larger issue here. While Wall Street remains constantly optimistic that the government will do something good for private industry, our stocks keep getting walloped. Case in point: Dell. Now, I loved the quarter Dell reported last Thursday. It was huge, and the buyback was incredibly aggressive. This company’s a true believer in itself, which is good for Dell…. But on Friday, the stock actually went down.

Jim Cramer on Dell Technologies (DELL): “General Services Administration is Trying to Put the Squeeze to Federal Contractors”

Jim Cramer on Dell Technologies (DELL): “General Services Administration is Trying to Put the Squeeze to Federal Contractors”

A team of IT experts discussing the latest network security trends over a laptop screen.

Dell (NYSE:DELL) provides a wide range of technology products and services, including computing devices, storage systems, networking solutions, and support services.

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