Cramer: Dell is an 'Incredible Bargain' Right Now. Here's Why
Cramer's Bullish Take on Dell
CNBC's Jim Cramer said Tuesday that Dell Technologies Inc. (NYSE:DELL) is an "incredible bargain" at its current share price. Cramer's comments came during the "Lightning Round" segment of his show "Mad Money".
Dell's Strong Fundamentals
Cramer cited Dell's strong fundamentals as the reason for his bullishness. He said that the company has a "great balance sheet" and is "growing earnings." Cramer also praised Dell's recent acquisition of EMC Corporation, which he said will help the company to "accelerate its growth".
Dell's Undervaluation
Cramer also said that Dell is undervalued at its current share price. He said that the company is trading at a discount to its peers and that its earnings growth potential is not fully reflected in its stock price.
Cramer's Recommendation
Cramer recommended that investors buy Dell at its current share price. He said that the company is a "long-term winner" and that investors who buy Dell now will be rewarded over time.
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