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24.10.2024 16:39:00

Where Will Dell Technologies Stock Be in 3 Years?

Dell Technologies (NYSE: DELL) has turned out to be a solid investment over the past three years, clocking impressive gains of 120% as of this writing and beating the tech-laden Nasdaq-100 Technology Sector index's jump of just 14% by a big margin.However, a closer look at the chart tells us that Dell stock has simply taken off from the beginning of 2023. More specifically, shares of the company that's known for selling personal computers (PCs) and server equipment have shot up 212% since the start of last year. Dell was struggling before that on account of the weakness in the PC market, alongside a decline in the global server market.However, the arrival of artificial intelligence (AI) has supercharged both these end markets and has lit a fire under Dell stock. But will the company be able to sustain its red-hot momentum and deliver more upside to investors over the next three years? Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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Dell Technologies 111,58 -0,38% Dell Technologies