Dell Technologies (NYSE:DELL) could be poised for strong performance if preliminary results from Super Micro Computer (NASDAQ: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.
