Dell Q1 FY1/26 Earnings Review
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Recession? What Recession?
by Alex King, CEO, Cestrian Capital Research, Inc
Dell is yet another company whose fundamentals indicate that, in fact, all is functioning well on Main Street, USA. The company is guiding for a Q2 (ending July) growth rate of +16% vs prior year, and an FY1/26 full year growth rate of +8%, a little up on the current TTM growth rate. If the economy was in trouble you would think that Dell would get hit. That it isn’t is another data point to suggest Main St is in good shape. As for the stock, well, there are more exciting names in town but on a very simple technical measure the name is just up and over its 200-day moving average, meaning the simplest long strategy here would be to buy it and have a stop-loss a little below the 200 day in case it falls back. Sometimes you don’t have to over-think things.
Headline numbers then let’s take a look at some details.
Financial Summary
