Dell: It's Not Too Late To Buy (Archive)

This 5-Minute Pitch was originally published on Seeking Alpha before the launch of the Hunting Alphas website. It is shared here to showcase my previous work and track record. New 5-Minute Pitches published on this site will not be disseminated anywhere else.

Elevator Pitch

• I added Dell to my portfolio early last month and have already enjoyed a >50% return. Q1 results tell me there's probably more to come.
• Dell is set for a meaningful growth acceleration, driven by a large AI server backlog and pipeline, which has led to a strong Q2 FY26 revenue guidance beat.
• The company is well positioned to gain PC market share amid the Windows 11 refresh, due to its industry-leading position in AI PC offerings.
• While gross margins took a hit, upcoming AI PC launches and the PC refresh cycle should drive sequential improvement.
• There is some valuation risk as DELL stock is trading at a higher than usual premium vs. peers. But I think this is worth accepting given the promising FY26 growth outlook ahead and a bottoming of gross margins.

Read the full article here.