DELL Rises 56% Year to Date: Can AI Focus Push the Stock Higher?
Dell Technologies(DELL) ZACKS·2024-10-09 01:30
Dell Technologies (DELL) shares have returned 55.7% year to date (YTD), outperforming the broader Zacks Computer & Technology sector's return of 23.5%. DELL shares have also surpassed the Zacks Computer – Micro Computers industry and peers HP (HPQ) and Apple (AAPL) . Over the same timeframe, shares of HP and Apple have returned 19.3% and 15.1%, respectively. The industry has appreciated 18.5% YTD. DELL's outperformance can be primarily attributed to the strong demand for AI servers, driven by ongoing digita ...