DELL Declines 8% in 6 Months: Should You Buy the Shares on the Dip?
Dell Technologies(DELL) ZACKS·2024-11-16 01:45
Dell Technologies (DELL) shares have declined 8.1% in the past 6 months. A contracting gross margin and weakness in consumer PC shipments have been headwinds.However, we believe that the dip offers a buying opportunity for investors, given the company’s expanding AI portfolio. In the past 12 months, DELL shares have skyrocketed 85.3%, outperforming the broader Zacks Computer & Technology sector’s return of 35.8%. Strong demand for AI servers, driven by ongoing digital transformation and heightened interest ...