Today I have focused on DELL. It had two stories on the front page of Seeking Alpha:
Dell’s Transition Creates Buying Opp by Kedar Special Situations
Dell: Still Not For Growth Investors by Helix Investment Management
Seeking Alpha likes to do these dueling headlines together, but in this case the second one is misleading: the bulk of the article is about what a great turnaround story Dell has, it’s just not going to register in the stock price soon enough for growth investors.
The common element is that Dell has a good turnaround story. However it has gone nowhere in the last 2 years, after a strategic re-orientation that started almost 4 years ago. The problem is, non-Apple computers are a commodity business with low margins, and that historically has been its main business. So it’s having to scramble to diversify, but it’s doing a much better job than HP.
I’ll want to start watching it more closely when it gets to 17. I set up an alarm in Yahoo. (The actual recent high was 17.60 on 2011 July 20.)
UPDATE 2016 August 28
In 2013 Dell was taken private by its founder, and is no longer publicly traded.