Oct 4, 2024
 in 
Hot Stocks 🔥

Dell On The Up Again After Dip? | Nemo

Name of opportunity: 👀

Dell Technologies Inc

The price seems to be rising: 🆙

Dell has been highlighted by analysts as a potential purchase for investors, because the stock is currently available at a lower price than it has been in the past. While the stock is trading 75.09% higher than it was a year ago, it has dropped 7.46% in 6 months. But for the last month, it has been steadily gaining, and has gone up in price by 7.86% in the past month alone. Is now a good time to get in on this stock if you haven’t already? Let's investigate what analysts are saying.

How hot is this investment opportunity? 🔥🔥🔥

Analysts predict the price of Dell Technologies Inc will increase from $117.75 to $157.13 in the next 12 months. If you invested $1000, you might profit $314.81.

One reason for this predicted rise in value is that some analysts simply think this stock is currently undervalued - they see its ongoing increase in price over the last month as Dell returning to a reasonable price. 

Another reason is Dell's connection to the AI industry. If the AI industry continues its current growth, Dell might profit - and so might investors who choose to add this stock to their portfolios.  in the second quarter of fiscal 2025, Dell Technologies shipped $3.1 billion of AI servers. Dell has a longstanding partnership with AI's most well known company, NVIDIA, and the Dell PowerEdge XE9680L server comes with eight next-gen NVIDIA Blackwell chips. More examples of this collaboration can be seen in the Dell AI Factory range of products and services which was launched in May this year.

Major computer company: 💻

Dell Technologies Inc. is engaged in designing, developing, manufacturing, marketing, selling, and supporting a wide range of comprehensive and integrated solutions, products, and services. The company operates through two segments: Infrastructure Solutions Group (ISG) and Client Solutions Group (CSG). This American multinational technology company is headquartered in Round Rock, Texas. 

Which neme?: 🔍

‘Invest Like The Wealthiest’, ‘Gaming’

Download Nemo to check out Dell Technologies 

Han Tan

Han Tan is a seasoned financial journalist and news presenter renowned for his expertise in global markets. With a career highlighted by interviews with prominent figures and recognition from major media outlets like CNN and Reuters, he delivers insightful analysis on market news and macroeconomic trends to clients and international audiences. Han's sharp commentary on currencies, stocks, and commodities is familiar to viewers of Bloomberg TV Malaysia, BFM 89.9, and NTV7, cementing his sterling reputation in the industry.