Kim Bolton Dell Computers DELL-N BUY Jan 29, 2025

They had a disappointing quarter after a weak first half, but he expects a better second half. Be patient with this. There's little downside and more upside. But other stocks are better, like Nvidia.

It's on his mind. Shares have come down a lot. The DeepSeek news on Monday had a big impact. He has strong faith in the CEO, but he's waiting to see what will happen with the AI space after DeepSeek. Nobody knows yet.

Shares are on fire. They report Feb. 25. Their infrastructure solutions group is the heart of the data centres and on fire.

It reports Thursday. It could make a comeback, because it helps companies adapt to Nvidia's AI platform. A great CEO. He doesn't expect another bad quarter (he didn't like the last one).

It spiked it last summer over the AI buzz, but the bloom is off the rose over AI adoption. Historically, hardware companies don't have much stickiness; there's more opportunity in software which can adapt.

A tougher economy makes it harder. That said, Dell believes so; they've been in the PC business for 40 years and deserve the benefit of the doubt.

Was -2.87% today and -3.59% the past week. Dell is getting hit from (the many) government contractors being forced the Trump government to justify their purchases.

They reported last week. Dell boasts $12.1 billion in AI systems orders. Expected to grow earnings 15%. Shares have fallen, so it's an opportunity now.

It's disappointed. It's well-positioned in tech, including semis, but hasn't executed. It missed earnings a few times. It has rebounded a lot from his early April lows. He sold it. But it should benefit from what's happening in tech. There are better names out there.