雅虎香港財經 This Top Computer and Technology Stock is a #1 (Strong Buy): Why It Should Be on Your Radar
Whether you're a growth, value, income, or momentum-focused investor, building a successful investment portfolio takes skill, research, and a little bit of luck.
Should You Buy #1 (Strong Buy)-Ranked Dell Technologies (DELL) for Your Portfolio?
Dell Technologies was upgraded to the Zacks Rank #1 list on April 19, 2024. The Zacks Rank is a unique stock-rating model that helps you take advantage of earnings estimate revision trends and provides a way to get into stocks highly sought after by institutional investors.
Dell Technologies is a leading provider of servers, storage and PCs. It offers secure, integrated solutions that extend from the edge to the core to the cloud. Dell’s IT solutions support customers both in traditional infrastructure and multi-cloud environments.
For fiscal 2025, five analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.54 to $7.64 per share. DELL boasts an average earnings surprise of 39.9%.
Earnings are expected to grow 7.2% for the current fiscal year, while revenue is projected to increase 6%.
DELL has been moving higher over the past four weeks as well, up 6.7% compared to the S&P 500's loss of 2.5%.
Bottom Line
With a #1 (Strong Buy) ranking, positive trend in earnings estimate revisions, and strong market momentum, Dell Technologies could be just the stock to help your portfolio generate returns that could fund your retirement, your kids' college tuition, or your short- and long-term savings goals.
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