3 Analyst-Backed Tech Stocks to Scoop Up Amid the Sector's Dip

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 47 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 32%
  • Publisher: 53%

S&P 500 News

Dell Technologies Inc,Marvell Technology Inc,Sony Group Corp

Stocks Analysis by Investing.com (Ismael De La Cruz) covering: S&P 500, Dell Technologies Inc, Marvell Technology Inc, Sony Group Corp. Read Investing.com (Ismael De La Cruz)'s latest article on Investing.com

Analysts remain optimistic despite recent volatility, highlighting strong performers like Dell, Sony, and Marvell.

This pullback has left some investors cautious, but it's also created opportunities for those looking for value in the long term. In addition, Dell's cooled AI servers and robust storage and networking solutions provide a solid foundation for long-term growth, implying that the momentum in its business is likely to be sustained in the coming years.had an 83% increase in net income in the second quarter of its fiscal year, reaching $846 million. Its net income also showed a 9.1% growth.Beyond AI, Dell will also benefit from a recovery in PC sales.

It will release its results for the quarter on November 28. It expects 135% earnings growth in the three-year period.Marvell Technology is at the forefront of a shift in the global data center landscape, driven by the rapid adoption of artificial intelligence technologies and is uniquely positioned to benefit from the growing demand for AI-driven data centers.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 450. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Market Eyes New Uptrend as Institutional Trades Indicate a Shift in FocusStocks Analysis by Investing.com (Ismael De La Cruz) covering: S&P 500, NVIDIA Corporation, Nike Inc. Read Investing.com (Ismael De La Cruz)'s latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »

3 High-Risk Undervalued Stocks for Aggressive Investors Targeting 35%+ UpsideStocks Analysis by Investing.com (Ismael De La Cruz) covering: Regeneron Pharmaceuticals Inc, Herc Holdings Inc, LG Electronics Inc, Blink Charging Co. Read Investing.com (Ismael De La Cruz)'s latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »

3 High-Dividend Stocks Poised to Break Free From Long-Term Consolidation RangeStocks Analysis by Investing.com (Ismael De La Cruz) covering: S&P 500, Dow Inc, Best Buy Co Inc, Verizon Communications Inc. Read Investing.com (Ismael De La Cruz)'s latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »

Nvidia: Looking to Buy Ahead of Earnings? Here's What You Need to KnowStocks Analysis by Investing.com (Ismael De La Cruz) covering: NVIDIA Corporation. Read Investing.com (Ismael De La Cruz)'s latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »