Dell Technologies (DELL) Stock

DELL's rapid move into AI and its low valuation are impressive, but the slow PC market and careful IT spending present challenges.

In 2024, the stock market had a great year, with the S&P 500 reaching new highs. However, investors wanting to enter the market during this strong upward trend may find that some stock prices are very high, and possibly even excessively valued.

Investors frequently depend on the advice of Wall Street analysts to help them choose whether to buy, sell, or keep a stock. News articles about these analysts from brokerage firms changing their ratings can significantly influence a stock's price.

In 2024, companies were taking advantage of AI and asking employees to return to the office. One of the companies that best represented these changes was Dell, known for its PCs and cloud storage services.

Users of Zacks.com have been paying a lot of attention to Dell Technologies (DELL) lately. Therefore, it's important to understand the key factors that could influence the future of the stock.

Recently, Dell Technologies (DELL) has caught the interest of users on Zacks.com. It's important to understand the factors that could influence the future of the stock.

This year has been great for artificial intelligence (AI) stocks, as companies that are taking advantage of the fast-growing use of this technology have seen significant improvements in their operations. This has resulted in strong increases in their stock prices.

Large technology firms, such as Elon Musk's xAI, Microsoft, and Meta Platforms, are creating huge data center facilities to meet the growing demand for artificial intelligence (AI). Dell plays a key role as a supplier of infrastructure for the xAI initiative. Additionally, Microsoft's server center in Wisconsin will cover over 2 square miles and will also utilize Dell's equipment.

In 2024, the market has been very beneficial for many investors, with the S&P 500 reaching record highs on 57 trading days so far. As the holiday season approaches, it could be a good idea to consider treating yourself by investing for 2025.