When you think of artificial intelligence (AI) computing, Dell Technologies (DELL 0.37%) probably isn't the first company you think of. Dell likely reminds you of a laptop or computing station you use at work, not big, powerful AI computing.
The stock market enjoyed a strong year in 2024 as the S&P 500 hit new records. The challenge for investors looking to get into the market amid such a strong bull run, however, is that valuations for some stocks have gotten high, perhaps even wildly overpriced.
Dell Technologies is experiencing strong growth in AI server shipments, with revenues expected to grow ~9% this year, despite challenges in its PC segment. Management has upgraded the company's AI market opportunity to a 22% CAGR, with ISG revenues growing robustly, particularly in Servers & Networking. Dell's PC segment remains a drag, but potential PC refresh cycles in 2025 could alleviate this, supporting overall growth and margin improvements.
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.
In 2024, companies were seizing the AI opportunity and calling workers back to the office. Few big businesses embodied those trends more than PC maker and cloud storage provider Dell.
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) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
As the tech sector pivots from AI-fueled growth to a broader market recovery, JPMorgan analyst Samik Chatterjee highlights a cyclical rebound powering upside for traditional IT infrastructure and industrial tech.
This has turned out to be a very solid year for artificial intelligence (AI) stocks as companies benefiting from the rapidly growing adoption of this technology have witnessed a solid improvement in their businesses, leading to healthy gains in their share prices as well.
The market has been a real gift for many investors in 2024, with the S&P 500 hitting new all-time highs at the close of 57 different trading days (so far). Entering the gift-giving holiday season, it might be time to think about giving yourself a gift as well by investing for 2025.
The man who founded Dell in a Texas dorm room has transformed his company. It's not just about PCs anymore.
Artificial intelligence (AI) investing covers a broad range of companies, including hardware, software, end users, and many that cover a large part of this spectrum. On the hardware side, Nvidia (NVDA -1.41%) has reigned supreme as the top stock.