Dell Technologies Dips Post Q3 Earnings: Buy, Sell or Hold the Stock?
Dell Technologies(DELL) ZACKS·2024-12-02 15:25
Dell Technologies (DELL) shares have declined 9.9% since it reported third-quarter fiscal 2024 results on Nov. 26. Although DELL’s earnings and revenues increased on a year-over-year basis, muted guidance due to continued weakness in demand for consumer PCs and challenging macroeconomic environment led to the decline.However, does the dip post fiscal third-quarter earnings offer a buying opportunity for investors? Let’s dig deep to find out.DELL shares have returned 84.1% in the trailing 12 months, outperfo ...