DELL Declines 10.1% Year to Date: To Buy or Not to Buy the Stock?
Dell Technologies (DELL) shares have declined 10.1% in the year-to-date (YTD) period, underperforming the Zacks Computer – Micro Computers industry and the broader Zacks Computer & Technology sector. While the industry has declined 5.8%, the sector has returned 1.9% over the same period.Continuing weakness in the consumer segment of the PC market has been a concern for DELL’s investors. Cautious spending by enterprises and large customers on PCs and storage IT is hurting near-term prospects. Per IDC data, D ...