Dell Technologies Stock News

These stocks are on a winning streak, but there's always more for investors to consider than stock price.

Additions to the world's broadest GenAI solutions portfolio empower organizations with flexible AI solutions SAN FRANCISCO , Oct. 10, 2024 /PRNewswire/ --  News Summary Additions to the Dell AI Factory span infrastructure, solutions and services to simplify and speed enterprise AI adoption Five new Dell PowerEdge servers with AMD 5th Generation EPYC processors deliver industry-leading AI perfor...

These stocks are all down 14% or more in the past three months.

Long-established in the Hardware industry, Dell Technologies Inc (DELL, Financial) has enjoyed a stellar reputation. It has recently witnessed a daily gain of 1.02%, juxtaposed with a three-month change of -17.23%.

Michael Dell (Trades, Portfolio), the founder and CEO of Dell Technologies (DELL, Financial), has recently sold a significant stake in his own company, unloading approximately $1.2 billion worth of shares at an average price of $122.40 each. Despite this sale, he still retains 16.9 million shares, maintaining the largest holding in the company.

Steven Cohen is among the most closely-watched billionaire investors, for good reason.

These two tech companies are getting a nice boost thanks to AI -- a trend that could continue in the long run.

Dell Technologies is a strong investment choice due to its AI server sales growth, reasonable valuation, and low downside risk. Dell's AI server sales exceeded expectations, driving a 9% total revenue increase, despite a 4% decline in PC sales. Dell's current P/E ratio is significantly lower than other AI beneficiaries, suggesting potential for price appreciation and a target price range of $12...