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

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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.

 

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