Prediction: This Artificial Intelligence (AI) Stock Is Going to Soar Higher After Nov. 26
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Dell Technologies (NYSE: DELL) has been in sizzling form on the stock market so far in 2024, rising an impressive 76% as of this writing. This occurred thanks to a turnaround in the company's fortunes due to the growing demand for its server solutions used for mounting artificial intelligence (AI) chips.The stock's 2024 rally will be put to the test when Dell releases its fiscal 2025 third-quarter results on Tuesday, Nov. 26. Let's see what investors can expect from Dell when it releases its quarterly report, and check if its guidance is going to be solid enough to help it sustain its impressive rally.When Dell released its fiscal 2025 second-quarter results in August, management pointed out that the company's growth is likely to pick up in the second half of the fiscal year. It guided for fiscal Q3 revenue of $24.5 billion at the midpoint of its guidance range, which would be a 10% jump from the same quarter last year.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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Quelle: MotleyFool
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