When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
NVDA - Dell: My Top AI Derivative Play Just Went On Sale
NVIDIA Corporation
2024-06-26 09:00:00 ET
Summary
Dell Technologies Inc. stock fell 26% from 52-week high, now trading above the 50-day moving average.
Dell reported strong earnings, with revenue up 6% year over year and $1.1 billion returned to shareholders.
Dell is undervalued with 15 forward P/E ratio and 1 times sales, poised for EPS growth and linked to Nvidia's new Blackwell chip and Musk xAI data center.