Dell Technologies Stock Posing Bullish Entry Point
Dell Technologies(DELL) Schaeffers Investment Research·2024-06-04 18:09
Dell Technologies Inc (NYSE:DELL) stock suffered a sharp post-earnings drop at the end of May, after the company warned of margin pressure due to artificial intelligence (AI) investments, losing 17.9% for its worst daily percentage loss since December 2018. DELL was trading at record highs before the gap lower, however, and is still up 76.2% since the start of the year. Now could be a good time to buy the stock on the dip, as it has yet to break above its post-earnings close, though it was last seen up 2.8% ...