Could Dell Technologies Stock Help You Become a Millionaire?
Dell Technologies (NYSE: DELL) returned to the public markets in December 2018, nearly six years after its founder and CEO, Michael Dell, took the company private in a $25 billion deal. In 2021, Dell spun off its 81% stake in the cloud software giant Vmware, which was in turn acquired by last November.
If you had invested $10,000 in Dell when it returned to the NYSE, your original shares (which lost about half their market value when it spun off its stake in Vmware) would be worth about $28,900 today. You would have also received 0.44 shares of Vmware for every share of Dell you owned in 2021, and you could have converted each of those shares to 0.25 shares of Broadcom last year. That spun-off stake would be worth about $32,000 today.
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Source Fool.com
Broadcom Ltd. Stock
The stock is an absolute favorite of our community with 42 Buy predictions and no Sell predictions.
As a result the target price of 1380 € shows a slightly positive potential of 7.08% compared to the current price of 1288.8 € for Broadcom Ltd..
