Stop Reading Dell's Margin Story Wrong, The Math Says 50% Upside

In the midst of the AI frenzy, Dell ( DELL ) was one of the hottest stocks. Now that we are seeing a capex-fear-driven rotation out of the hyperscalers and their supply chain into energy, materials, consumer staples, industrials, and utilities, Dell appears as a stockI’m a long-term investor focused on U.S. and European equities, with a dual emphasis on undervalued growth stocks and high-quality dividend growers. Through years of experience, I’ve learned that sustained profitability—evident in strong margin ...