Investors interested in Computer and Technology stocks should always be looking to find the best-performing companies in the group. Has Dell Technologies (DELL) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Computer and Technology sector should help us answer this question.Dell Technologies is one of 617 individual stocks in the Computer and Technology sector. Collectively, these companies sit at #13 in the Zacks Sector Rank. Th ...

With its huge opportunity in artificial intelligence, Dell Technologies (NYSE:DELL) is one of the best tech stocks investors can own.In late May, DELL stock rallied to an all-time high of just under $180 per share on expectations that the company will see exponential growth from sales of its AI servers. Between January and the start of June, the company’s share price doubled. But over the past month, the stock has declined 16% after Dell’s first-quarter earnings raised concerns about the profitability of th ...

These stocks offer above-average growth at a reasonable price.Nvidia (NVDA -0.36%) has been one of the best stocks to own in the artificial intelligence (AI) race so far. The company's revenue has tripled year over year in recent quarters, sending the stock up 149% in the first half of 2024.At these lofty share prices, Nvidia's valuation looks stretched. The stock's forward price-to-earnings ratio was less than 30 to start the year, but it now trades at a more expensive 45 times this year's consensus earnin ...

Elon Musk's AI start-up is partnering with Supermicro and Dell to build a factory.One of the biggest themes in the markets for the last two years has been artificial intelligence (AI).Naturally, famed entrepreneur Elon Musk has found himself at the center of the AI revolution -- and he just gave investors a big reason to seriously consider both Dell Technologies (DELL -1.09%) and Super Micro Computer (SMCI -7.98%).Let's explore how Musk is working with these AI leaders, and assess if these stocks are good b ...

The AI wars are heating up, and Elon Musk has joined the race. Grok, X’s chatbot, is his answer to OpenAI’s ChatGPT. While Musk has long touted Tesla (NASDAQ:TSLA) as one of the top AI stocks due to its self-driving technology, his attention has turned to Grok.In May, xAI announced a series B round raising $6 billion from Saudi Arabian Prince Al Waleed bin Talal, Andreessen Horowitz, Sequoia Capital and others. These funds allow xAI to fast-track its upgrade of Grok to keep up with ChatGPT and Anthropic’s C ...

People sell shares for all kinds of reasons.Dell Technologies' (DELL 0.03%) stock price has soared 80% so far in 2024. Recently, Michael Dell, the firm's founder and CEO, announced his plans to sell 10 million shares of Dell Technologies stock, worth around $1.3 billion. The sale was to take place around June 6.When an executive, especially the founder and CEO, sells so many shares, investors might wonder if they should do the same.Why is Michael Dell selling Dell stock?Ten million shares sounds like a lot, ...

LOS ANGELES, June 26, 2024 (GLOBE NEWSWIRE) -- AI Breakthrough, a leading market intelligence organization that recognizes the top companies, technologies and products in the global Artificial Intelligence (AI) market, today announced that Dell NativeEdge has been selected as winner of the “Best AI Edge Solution” award in the seventh annual AI Breakthrough Awards program. Dell NativeEdge is an edge operations software platform that offers an end-to-end, full-stack solution for containerized and virtualized ...

Dell Technologies (DELL) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this computer and technology services provider have returned -14.1% over the past month versus the Zacks S&P 500 composite's +2.8% change. The Zacks Computers - IT Services industry, to which Dell Technologies belongs, has lost 4.3% over this period. Now the key question is: Where could the stock be head ...

Dell Technologies (DELL) shares have surged 91.2% year to date, outperforming the broader Zacks Computer & Technology sector’s return of 24.5% and the Zacks IT Services industry’s gain of 8.6%.The outperformance can be primarily attributed to the strong demand for AI servers driven by ongoing digital transformation and heightened interest in generative AI (GenAI) applications. Dell has been witnessing demand from a diversified customer base that includes the likes of higher education institutions, financial ...

With the Nvidia (NASDAQ:NVDA) shareholder meeting fast approaching, many analysts are speculating how its internal reporting could impact the broader tech industry. This year’s 2024 meeting will likely highlight much of the roaring success the company has seen since the start of 2023 and could set off other tech stocks as a result. As such, the right stocks to buy in preparation for this short-term boost are likely those with close connections to Nvidia’s business model.However, investors should keep in min ...