1 AI Stock That Still Looks Reasonably Valued
From Nasdaq: 2024-06-21 15:29:41
AI advancements are boosting tech stocks like Nvidia, making it the world’s most valuable company. Dell Technologies emerges as a promising option with its AI capabilities. Dell’s financials are strong, with a growing market cap and generous shareholder rewards. Despite a recent Q1 earnings beat, concerns remain about turning AI revenues into profits. Analysts remain bullish on Dell’s future, expecting significant profit growth in the coming years. Dell stock has a consensus “Strong Buy” rating, with a target price indicating potential upside of over 10%.
Read more at Nasdaq: 1 AI Stock That Still Looks Reasonably Valued