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WKN DE: A2N6WP / ISIN: US24703L2025

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14.11.2024 09:31:00

Why Dell Shares Are a Screaming Buy in November

Dell Technologies (NYSE: DELL) shares have soared over the last few years, but despite the sharp increase, the stock's valuation is still very attractive. In fact, the stock still seems undervalued based on the surging demand for Dell's servers, which make up about half its total revenue. Here's why the stock should hit new highs in 2025.Dell's revenue growth accelerated in the fiscal second quarter ending Aug. 2 to 9% year over year, up from 6% in the previous quarter. Analysts expect Dell's revenue to increase by 10% for the full year, which implies further acceleration in the second half of the current fiscal year.Record server and networking revenue drove an increase of 38% year over year in Dell's infrastructure solutions segment in fiscal Q2. This is offsetting soft demand in Dell's PC business, where client solutions revenue fell 4% year over year.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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