Is Dell Technologies (DELL) the Tech Stock That Trump’s Fellow Republican Bought Amid Market Rout?

From Yahoo Finance: 2025-05-14 13:06:00

A list of 10 tech stocks that Trump’s fellow Republican bought amid a market rout was recently published. Dell Technologies Inc. (NYSE:DELL) is one of these tech stocks. Politicians must report their trades within 45 days, with disclosures made public for transparency. Marjorie Taylor Greene stood out with stock purchases on April 3rd and 4th.

Some stocks bought by Greene have already recovered from market lows, showing her ability to choose stocks that bounced back swiftly. The stocks were ranked based on the number of hedge funds holding them in their portfolios. The interest in hedge fund stocks stems from the potential to outperform the market by following top hedge fund picks.

Dell Technologies Inc. (NYSE:DELL) is a tech company that has seen a recovery in stock price after President Trump’s administration exempted certain electronics from tariffs. The company reported a 15% stock price increase since Ms. Greene bought shares. Dell aims for steady long-term growth with targeted revenue increases.

In Q1 2025, Dell’s global PC shipments increased by 9.4%, driven by OEMs’ expedited shipments due to tariff changes. The company’s AI servers and networking segment has been a key growth driver in recent years. Dell aims for revenue growth of 3-4% annually, with its Infrastructure Solutions Group expected to grow at 6-8% annually.

Overall, Dell Technologies Inc. (NYSE:DELL) ranks 9th on the list of tech stocks bought amid the market rout. While Dell shows promise as an investment, some AI stocks may offer higher returns in a shorter time frame. Consider exploring a report on the cheapest AI stock for potential gains.

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