2024-02-15 13:12:55 ET
Summary
- Dell currently trades undervalued based on a DCF calculation. There is a potential 20% upside assuming 3% growth.
- Dell is well-positioned to capitalize on the growing demand for AI-driven tools, such as generative AI chatbots. The AI market size is estimated to grow by 6x through 2030.
- Management confirmed a targeted dividend growth of 10% annually through 2028.
Overview
Dell Technologies ( DELL ) offers a wide range of solutions globally, primarily through its ISG (Infrastructure Solutions Group) and CSG (Client Solutions Group) segments. The ISG segment focuses on storage, servers, networking, and associated services for business transformation. Meanwhile, the CSG segment it PC related with including items such as desktops, workstations, notebooks, and more. Additionally, Dell provides cybersecurity solutions, customer financing, and infrastructure-as-a-service....
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For further details see:
Dell: Strong Dividend Growth Accompanied By AI Growth Catalyst