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Stock of the Day: Dell Technologies

Dell Technologies
DELL 90-day performance NYSE:DELL Dell Technologies
Current Price
$114.73
-1.20 (-1.04%)
(As of 03:59 PM ET)
30 Day Performance
-11.22%
  
  
90 Day Performance
-29.79%
  
  
1 Year Performance
10.47%
  
 
Market Capitalization
$76.03B
P/E Ratio
15.30
Dividend Yield
1.83%

Dell Technologies Inc. is a multinational technology company that designs, manufactures and sells a broad range of information technology products, solutions and services. Its offerings span client computing devices (consumer and commercial laptops and desktops), enterprise infrastructure (servers, storage systems and networking equipment), software and cloud infrastructure, and a variety of professional services such as IT consulting, deployment, managed services and financing solutions. The company serves organizations of all sizes as well as individual consumers, with products and services aimed at enabling digital transformation and modern IT environments.

Founded by Michael Dell in 1984, the company grew from a direct-to-consumer PC business into a diversified IT provider through organic expansion and strategic acquisitions. A notable milestone was the acquisition of EMC Corporation in 2016, which significantly expanded Dell’s enterprise storage, virtualization and services capabilities and led to the establishment of the broader Dell Technologies family. The company is headquartered in Round Rock, Texas, and operates business units that focus on client solutions, infrastructure solutions and services to address both on-premises and cloud-based IT requirements.

Dell Technologies maintains a global footprint, serving customers across the Americas, Europe, the Middle East, Africa and the Asia-Pacific region. Its customer base includes individual consumers, small and midsize businesses, large enterprises and public-sector organizations. Michael Dell remains centrally associated with the company as its founder and chief executive, guiding strategic direction while the company continues to emphasize integrated hardware-software solutions, services-led growth and partnerships to help customers manage and modernize their IT environments.

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