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Is Dell Technologies Stock a Buy Now?

TheMotleyFool

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Dell Technologies (NYSE: DELL) stock has returned a spectacular 81% thus far in 2024. The computing hardware giant is benefiting from a wave of demand for artificial intelligence (AI) infrastructure solutions driving strong growth and an accelerating earnings outlook.

The results have earned Dell an inclusion in the S&P 500 index, highlighting the company's industry leadership and blue chip status. On the other hand, the stock hasn't been immune to volatility. It's currently down 25% from a record high of $179.70 on May 29.

Let's discuss whether now is a good time to add Dell Technologies stock to your portfolio.

Source Fool.com

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