Last week we saw a bit of a sell-off in the AI and tech industries as a whole, but one stock actually managed to gain about 5% – Dell Technologies Inc. (DELL). This came after the hardware manufacturer got a shout-out from Wall Street darling Nvidia.

Nvidia CEO Jensen Huang delivered a GTC Keynote late last Monday in which he referenced a variety of key partners for the company, but Dell in particular received a special mention. In fact, it was the only hardware/server company specifically called out in the keynote.

Huang spoke to not just the partnership between the two companies, but also his personal friendship with Dell CEO Michael Dell. Dell has led his company for more than 40 years.

While it wasn’t much, it was enough to send shares of DELL trading higher. Some analysts are speculating that the company could benefit from a better supply of Nvidia chips than its competitors, setting it up for a strategic advantage.

This comes after the company delivered solid Q4 earnings at the start of the month. Dell managed to grow EPS to $2.20 per share compared to the $1.73 per share that experts were calling for. This was a 22% improvement year over year.

Meanwhile, revenue of $22.31 billion was right in line with the analyst expectation – but did represent a step backward from the $25.03 billion reported the year prior. Still, the company is on a serious tear right now, surpassing expectations for 8 consecutive quarters.

DELL is up 63% through 2024 thus far, but can it continue this trajectory? Should you buy this stock today? We’ve taken a deeper look at the current opportunity through the VectorVest stocks software and found 3 things to help you make your decision with confidence.

DELL Has Fair Upside Potential, Good Safety, and Excellent Timing

VectorVest is a proprietary stock rating system that distills complex technical information into simple, digestible insights. It’s all based on 3 ratings: relative value (RV), relative safety (RS), and relative timing (RT). Each sits on its own scale of 0.00-2.00 with 1.00 being the average.

This makes interpretation quick and easy, saving you time and stress. But it gets even better. You’re given a clear buy, sell, or hold recommendation based on the overall VST rating for any given stock at any given time. Here’s what we discovered for DELL:

  • Fair Upside Potential: The RV rating compares a stock’s long-term price appreciation potential (forecasted 3 years out), AAA corporate bond rates, and risk. It offers much better insight than a typical comparison of price to value alone. DELL has a fair RV rating of 1.04 right now, just above the average. The stock is fully valued as of now.
  • Good Safety: The RS rating is a risk indicator. It’s calculated through an analysis of the company’s financial consistency & predictability, debt-to-equity ratio, business longevity, sales, volume, price volatility, and other factors. As for DELL, the stock has a good RS rating of 1.18.
  • Excellent Timing: The RT rating is based on the direction, dynamics, and magnitude of the stock’s price movement day over day, week over week, quarter over quarter, and year over year. DELL has an excellent RT rating of 1.68, reflecting its performance in both the short and long term.

The overall VST rating of 1.36 is very good for DELL, and the stock is rated a BUY in the Vectorvest system right now. But before you make your next move, take a few seconds to dig deeper with a free stock analysis at VectorVest today - don’t miss out on this opportunity!

Want These Types of Insights at Your Fingertips so You Can Win More Trades?

Use VectorVest to analyze any stock free. VectorVest is the only stock analysis tool and portfolio management system that analyzes, ranks and graphs over 18,000 stocks each day for value, safety, and timing and gives a clear buy, sell or hold rating on every stock, every day.

VectorVest advocates buying safe, undervalued stocks, rising in price. DELL gained last week while other tech stocks tanked, all thanks to a shout-out from Nvidia CEO. The stock has fair upside potential, good safety, and excellent timing.

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