Analysis of Dell and Walmart Stocks Ahead of September 2024
Dell Stock Performance
The stock of Dell (NYSE: DELL) has shown a remarkable increase of over 54% in 2024, continuing its positive trajectory. With significant gains seen in September, analysts have issued a strong buy rating
- Recent 5-day gain: 3.16%
- Latest session close: $115.54
The company's strategic focus on the AI server market has proven lucrative, with servers revenue hitting $3.1 billion in Q2.
Analyst Ratings and Price Targets
According to Wall Street analysts, DELL stock is projected to rise further with an average price target of $147.46, suggesting a potential upside of 27.63%.
Walmart Stock Overview
Walmart (NYSE: WMT) has also consistently performed well in 2024, boasting a growth of 45.44%. Recent trends suggest a solid future outlook as it integrates technology within its operations.
- Recent 5-day gain: 1.75%
- Latest session close: $77.23
The retail giant is focused on innovation, which includes AI-powered solutions and e-commerce advancements, driving profitability.
Market Outlook
With a strong buy rating from analysts and an average price target of $74.11, Walmart remains an attractive stock even with minor projected declines.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.