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3 Stocks to Hide in if the Market Rolls Over Again
Investor Place· 2024-08-14 11:15
With market volatility brought forth by Warren Buffett's second-quarter share sales, the unwinding of Japan's Yen carry trade, and the underwhelming U.S. jobs number, investor nerves have really been put to the test. The trio of concerning headlines may paint a terrifying picture for the rest of the year and perhaps part of 2025 when it comes to which stocks to buy. Undoubtedly, recession fears returned rather quickly after taking a backseat to recent AI hype. While the artificial intelligence (AI) boom is ...
Dell Stock Eyes 4th-Straight Gain After Upgrade
Schaeffers Investment Research· 2024-08-13 14:18
Dell Technologies Inc (NYSE:DELL) stock is up 3.9% to trade at $98.98 at last check, after Barclays upgraded it to "equal weight" from "underweight" and set its price target at $97. The analyst noted the company's artificial intelligence (AI) business outlook, but also acknowledged challenges in the personal computer (PC) and traditional server business. The brokerage bunch is already optimistic on Dell Technologies stock, making this bull note even more impressive. In fact, 17 of the 21 firms in coverage c ...
Should Investors Buy Dell Stock Before Aug. 29?
The Motley Fool· 2024-08-13 12:45
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...
3 Beaten-Down Growth Stocks to Scoop Up on the Dip
Investor Place· 2024-08-12 17:09
Many growth stocks have posted stellar figures in recent quarters and rallied significantly of late. However, the party seems to be over for many such companies. Indeed, momentum has reversed as the market turns bearish on the valuations many growth stocks have achieved. And increasingly, investors are scrutinizing tech stocks more closely. In fact, some growth names haven't joined in on this recent rally and have seen little to no bullish price action. I believe this recent dip presents a prime opportunity ...
Dell staff say they aren't surprised about layoffs following its AI pivot
Business Insider· 2024-08-11 09:17
By clicking "Sign Up", you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. Access your favorite topics in a personalized feed while you're on the go. download the app Thanks for signing up! Go to newsletter preferences Sign up to get the inside scoop on today's biggest stories in markets, tech, and business — delivered daily. Read preview Dell began a major internal overhaul this week. Its ...
Dell Technologies (DELL) Beats Stock Market Upswing: What Investors Need to Know
ZACKS· 2024-08-09 22:45
In the latest market close, Dell Technologies (DELL) reached $92.55, with a +1.19% movement compared to the previous day. The stock's change was more than the S&P 500's daily gain of 0.47%. Elsewhere, the Dow gained 0.13%, while the tech-heavy Nasdaq added 0.51%. Prior to today's trading, shares of the computer and technology services provider had lost 35.01% over the past month. This has lagged the Computer and Technology sector's loss of 11.22% and the S&P 500's loss of 4.45% in that time. Investors will ...
Is Dell's Stock Plunge a Once-in-a-Lifetime Buying Opportunity?
MarketBeat· 2024-08-09 14:21
Dell Technologies Today DELL Dell Technologies $90.57 -0.89 (-0.97%) 52-Week Range $53.62 ▼ $179.70 Dividend Yield 1.97% P/E Ratio 18.48 Price Target $135.81 Add to Watchlist Dell Technologies NYSE: DELL, a household name in the computer industry, has recently found itself in a challenging position. With its stock price in a steep decline, falling nearly 50% from its 52-week high, the company faces a crucial juncture as it prepares to release its following earnings report on August 29. Just over two months ...
Dell Vs. SuperMicro: One Is The Better Buy
Seeking Alpha· 2024-08-08 17:03
Hispanolistic/E+ via Getty Images SuperMicro (NASDAQ:SMCI) stock, aka SMCI, dropped by a whopping 20% in one session after reporting a "mixed earnings" announcement. The latest drop is just an extension of a broader decline stemming from the highly overbought levels achieved last March. From peak to trough, SMCI has declined by about 60% from an ATH above $1,200 to below $500 today. SMCI 1-Year Chart SMCI (stockcharts.com ) SMCI has returned much of the gains achieved in the massive run-up early in the year ...
Dell is cutting staff as it pivots to AI. A company exec says it will make jobs easier and more fulfilling.
Business Insider· 2024-08-08 11:49
By clicking "Sign Up", you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. Access your favorite topics in a personalized feed while you're on the go. download the app Thanks for signing up! Go to newsletter preferences Sign up to get the inside scoop on today's biggest stories in markets, tech, and business — delivered daily. Read preview Dell is one of the best-known brands in the tech ind ...
Here's Why Dell Stock Dropped 20% Last Month
The Motley Fool· 2024-08-08 06:23
AI stocks came back down to earth as macro bullishness faded. Shares of Dell (DELL -7.16%) fell 20% in July, according to data from S&P Global Market Intelligence. AI stocks took a beating in July, thanks to some discouraging tech headlines and mounting concern about global macroeconomic growth. Dell enjoyed several quarters of strong performance thanks to that trend, but optimism is waning for this hardware business and the industry as a whole. Dell's previous momentum dissipated as market conditions chang ...