Dell Technologies (DELL) concluded the recent trading session at $111.44, signifying a -0.77% move from its prior day's close.
Recently, Zacks.com users have been paying close attention to Dell Technologies (DELL). This makes it worthwhile to examine what the stock has in store.
The AI server boom that once had investors piling into U.S.-branded server stocks is losing steam, and Wall Street isn't thrilled.
Data centers are among the most significant trends in artificial intelligence (AI). In the coming years, major tech companies will spend trillions erecting them in the U.S. and internationally.
When you hear Dell Technologies (DELL 0.43%), you probably think of the laptop you use at work. While that's a fair assessment because that's likely the most common interaction you have with the company's products, Dell is also a massive player in the artificial intelligence (AI) space.
The Investment Committee give you their top stocks to watch for the second half.
Dell Technologies (DELL) closed at $101.77 in the latest trading session, marking a +1.68% move from the prior day.
Dell Technologies stock is undervalued with strong fundamentals, AI tailwinds, and a dirt cheap forward P/E ratio. Dell's resilience amid market sell-offs and increased R&D spending on AI innovations highlight its strategic positioning for future growth. The fair share price estimate of $130 suggests a 26% upside, supported by robust EPS growth and favorable DCF analysis.
Although DELL's accelerating AI push and cheap valuation are noteworthy, the sluggish PC market and cautious IT spending are headwinds.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Zacks.com users have recently been watching Dell Technologies (DELL) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Dell Technologies (DELL 2.18%) is benefiting from the rising effectiveness of artificial intelligence.