Core Insights - The article discusses the investment analysis approach of Michael Del Monte, highlighting his macro-value-oriented strategy and cross-industry analysis expertise [1]. Group 1: Analyst Background - Michael Del Monte has over 5 years of experience as a buy-side equity analyst and over a decade in professional services across various industries including Oil & Gas, Oilfield Services, Midstream, Industrials, Information Technology, EPC Services, and Consumer Discretionary [1]. Group 2: Investment Strategy - The investment analysis approach taken by Michael emphasizes macroeconomic factors and value-oriented metrics, allowing for informed investment recommendations based on comprehensive industry comparisons [1].

Core Viewpoint - Partnerships with Nvidia for AI server development are attracting investor interest in Dell Technologies and Hewlett Packard Enterprise, despite soft demand for traditional PCs [1][2]. Dell Technologies - Dell's Q3 sales increased by 10% year over year to $24.36 billion, although it fell short of Zacks estimates of $24.56 billion [3]. - The Infrastructure Solutions Group (ISG) segment achieved record sales of $11.4 billion, a 34% increase from the previous year, driven by server and networking revenue of $7.4 billion, which surged by 58% [3]. - Q3 earnings per share (EPS) rose 14% to $2.15, exceeding expectations of $2.06, marking 11 consecutive quarters of surpassing Zacks EPS Consensus with an average earnings surprise of 10.44% [4]. - Dell's Q4 sales guidance of $24-$25 billion is below analyst expectations, attributed to weaker demand for traditional PCs and increased competition, with the current Zacks Consensus at $25.27 billion, indicating a 13% growth [5]. Hewlett Packard Enterprise - HPE is expected to report a 12% increase in Q4 sales to $8.23 billion, up from $7.35 billion in the prior year, with earnings anticipated to rise 6% to $0.55 per share [6]. - HPE's server revenue surged by 35% in its fiscal third quarter to $4.3 billion, contributing to an overall Q3 sales increase of 10% year over year to $7.71 billion, slightly exceeding estimates of $7.66 billion [7]. - HPE has consistently met or exceeded earnings expectations for nine consecutive quarters, with an average EPS surprise of 7.48% in its last four quarterly reports [7]. Stock Performance - Dell's stock has increased by over 60% this year, while HPE shares have risen by 25%, both outperforming broader indexes [9]. - Dell trades at a forward earnings multiple of 15.8X, while HPE trades at 9.9X, compared to Nvidia's 46.2X, suggesting attractive valuations for both companies [11]. - Both companies trade at significant discounts to the S&P 500's forward earnings multiple of 25.3X and below the optimal level of less than 2X sales [13]. Final Thoughts - Despite challenges from weaker PC demand, Dell and HPE are positioned as viable investments for exposure to AI growth, currently holding a Zacks Rank 3 (Hold) [14].

Group 1 - The account is managed by Noah's Arc Capital Management, focusing on providing Wall Street level insights to main street investors [1] - The research primarily targets 20th century stocks undergoing transformation in the 21st century, while also covering companies that facilitate these transformations [1] - The emphasis is on identifying innovations in business models that could lead to significant stock changes [1] Group 2 - The managing partner of Noah's Arc Capital Management is Noah Cox, whose views may not necessarily reflect those of the firm [3] - The article is intended solely for informational purposes and does not constitute investment advice [3]

As we head into the final parts of 2024, we can see that there are several important themes that have defined the financial markets during this period of time. Perhaps most important has been the ramp-up inAnalyst’s Disclosure: I/we have a beneficial long position in the shares of DELL, NVDA either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business re ...

JR Research is an opportunistic investor. He was recognized by TipRanks as a Top Analyst. He was also recognized by Seeking Alpha as a "Top Analyst To Follow" for Technology, Software, and Internet, as well as for Growth and GARP. He identifies attractive risk/reward opportunities supported by robust price action to potentially generate alpha well above the S&P 500. He has also demonstrated outperformance with his picks. He focuses on identifying growth investing opportunities that present the most attracti ...

Dell Technologies (NYSE: DELL) faced a sharp selloff on November 27, with its shares dropping 11% following the release of mixed Q3 earnings results.While the company delivered better-than-expected earnings per share, its cautious revenue forecast for Q4 and softer-than-expected sales in certain segments sparked investor concerns. Despite the drop, analysts remain largely optimistic about Dell’s long-term growth, driven by its strong position in artificial intelligence (AI) infrastructure. Dell five-day sto ...

While most of the world is racing for AI, few companies are as pivotal in the quiet AI ecosystem as Dell Technologies (NYSE: DELL ). Much of the attention has fallen on software giants like OpenAI, or chipYiannis Zourmpanos, founder of Yiazou IQ, an AI-driven stock research platform providing all-in-one stock reports. Experience: Previously worked at Deloitte and KPMG in external/internal auditing and consulting. Education: Chartered Certified Accountant, Fellow Member of ACCA Global, with BSc and MSc degre ...

In this video, I will review Dell Technologies' (DELL -12.25%) recent earnings report and explain how it might impact Nvidia. Watch the short video to learn more, consider subscribing, and click the special offer link below.*Stock prices used were from the trading day of Nov. 26, 2024. The video was published on Nov. 27, 2024. ...

Key TakeawaysThe S&P 500 slipped 0.4% on Wednesday, Nov. 27, as the latest PCE report revealed a slight month-over-month uptick in inflation during October.Shares of HP and Dell moved lower after mixed earnings reports from the computer makers raised concerns about PC demand and the pace of AI adoption.Ulta Beauty shares posted gains as an analyst said the cosmetics retailer could see easing competitive pressure. Major U.S. equities indexes lost ground on the last trading day before Thanksgiving. The latest ...

Key TakeawaysDell Technologies shares plunged Wednesday after the company reported third-quarter revenue that missed Wall Street expectations.However, analysts at JPMorgan said demand for AI servers continues to climb, and that Dell could be positioned to benefit in the longer term.Dell makes servers that use Nvidia AI chips, drawing a shoutout from the chipmaker in its earnings call last week. Dell Technologies (DELL) shares tumbled Wednesday in the wake of what JPMorgan called “admittedly messy” third-qua ...