SRPP New Idea: DELL

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Power Plays New Idea: DELL
September 16, 2024

By Scott Redler

Name: Dell

Ticker: DELL

Price: $115.31

Needs to Hold: $99 to $104

Price Objective 1: $130 to $142

Price Objective 2: N/A

I'm adding Dell (DELL) to Power Plays here.

They had strong earnings and good guidance, and the addition to the S&P 500 can help psychology towards the stock.

Plus, the AI trend shows no sign of slowing.

Just a quick note in sizing: the Fed Rate Decision Wednesday can add some extra volatility. Keep that in mind.

-Scott

Scott Redler Positions Disclosure as of 2024-09-16 at 2.29.23 PM

Disclosures

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Power Plays New Idea: DELL September 16, 2024

By Scott Redler

Power Plays New Idea: DELL
September 16, 2024