Dell (Nasdaq:DELL) reported strong quarterly numbers last night, beating
earnings estimates by 29%.
Dell is benefiting from booming sales for data center servers. These are
the machines that make cloud computing work. They are also important for
the wireless devices like smartphones and tablets, like the popular iPhone
and iPad.
Dell shares were up 13% today, and 21% this year. The company is being
lifted by the same virtuous tech cycle that’s driving wireless carriers,
device makers and semiconductor stocks. There’s a lot of growth ahead for
this sector as global penetration of wireless Internet devices is still
relatively small.
One semiconductor company that’s currently flying under Wall Street’s radar
could be as much as 50% undervalued. To discover how you could make up to
50% gains from the virtuous tech cycle, click HERE.