It’s up so much after hours because that’s when the latest earnings were announced. They beat the estimates easily but what really sent it over the top was the full year guidance numbers of $17.90 per share in adjusted earnings and revenue just under $170 billion. Investors were blown away.
l don’t think it’s too late to purchase shares because Dell is still in the early stages of AI with their process servers that generate a ton in sales. I honestly don’t know what to tell you buying at the price it will probably open tomorrow morning, but if I were to add new money right now with the run the stock has been on I would dollar cost average my way in.
Take the amount you were going to invest and buy shares each month spreading it over a 10 t0 12 month time horizon. It works really well and lets the volatility work in your favor if you stay with it instead of a lump sum purchase at these levels.
Undoubtedly there will be profit taking and pullbacks along the way not to mention we haven’t even had a market correction of any significance. I’ll be interested to know what you decide.
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