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5 Investors Betting Big on Dell Technologies (DELL) Stock
DELLDell Technologies(DELL) InvestorPlace·2024-03-01 20:25

Shares of Dell (NYSE:DELL) stock are up by about 30% after the company reported its fourth-quarter earnings and announced a dividend increase of 20% to $1.78 per share. Much of the gains are attributed to excitement over the company’s artificial intelligence (AI) services.During the quarter, Dell generated $22.32 billion in revenue, which declined by 11% year-over-year (YOY) but still beat the analyst estimate of $22.16 billion. Adjusted EPS was $2.20, which beat the analyst estimate of $1.73 as well.$9.3 b ...