How to buy Dell stocks (2024)? – invest in Dell

Would you like to buy Dell shares? In this article, you’ll learn how to invest in Dell stocks. You can also check the latest share price and analyze the company data.

How to buy Dell stocks?

If you have confidence in the computer manufacturer Dell, it may be wise to invest in Dell by buying shares. Before investing in Dell, it’s important to analyze the competitors thoroughly. In the past, Dell struggled to keep up with the competition, and this could happen again. Therefore, check whether the company’s new products are still popular.

Below, you can see an overview of reliable brokers where you can invest in Dell shares:

BrokersBenefitsRegister
eToro buy stocksBuy Dell without commissions. Your capital is at risk. Other fees may apply.
Plus500 trade stocksSpeculate with CFD's on increasing & decreasing prices of Dell! 82% of retail CFD accounts lose money.
DEGIRO buy sharesBenefit from low fees, an innovative platform & high security!
Avatrade buy sharesSpeculate on price increases and decreases of Dell with a free demo!

What is the stock price of Dell?

Are you curious about the performance of the Dell share? In the graph below, you can see the performance of Dell shares. You can take a position in this well-known American stock with the buttons.

Your capital is at risk. Other fees apply. For more information, visit etoro.com/trading/fees.

Dell company data

Below you can see the most important company details of Dell:

Dell stock analysis

Before deciding whether to buy or sell Dell shares, it’s essential to analyze the stock first. In the overview below, you can see how Dell has developed over the past period.

Dell stock prices over the last 5 days

In the table below, you can see the stock prices of Dell over the last 5 days:

What will the Dell stock do in 2024?

Are you curious about what analysts think Dell will do in 2024 and the following years? We have combined the predictions of analysts using data from Alpha Vantage. Remember that this figure is only a prediction about the price development of Dell’s stock and this prediction may not come true.

Why is it wise to buy Dell shares?

  • Strong reputation: the Dell brand is well-known in the industry, which makes customers more likely to choose it.
  • Diversification: Dell sells computers, servers, and software, among other things. This means that disappointing results in one division can be offset by positive results in another division.
  • Global presence: Dell operates in more than 180 countries, which lowers the risks.

The risks of investing in Dell stocks

  • Economic situation: Dell’s results are strongly dependent on the financial performance of the company.
  • Competition: Dell must constantly compete with other similar companies.
  • Cybersecurity risk: as a technology company, Dell is dependent on cybersecurity risks.

What are Dell’s competitors?

How to invest in Dell shares?

  1. Take the time to compare different brokers and open an account
  2. Activate your investment account by uploading a copy of your passport and address
  3. Enter the amount you want to invest and click the buy button
  4. Regularly evaluate your investment in Dell shares

The first PC of Dell

At its foundation in 1984, the company was called PC’s Limited. Michael Dell built the first portable computers in a college dorm room. At the age of 19, he decided to drop out of college to focus on his company, PC’s Limited.

In 1985, the turbo PC was launched and cost $795. The Turbo PC was only produced after an order was received. This PC was a success: in its first year of existence, the company achieved a gross profit of no less than $73 million.
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PC’s Limited becomes Dell

In 1988, the company’s name was changed to Dell Computer Corporation. Dell then decided to sell its computers internationally and was included in the Fortune 500 with the most successful companies in the world. At the age of 27, Michael Dell was the youngest director of a company on the Fortune 500 list.

Dell becomes the largest computer manufacturer

In 1993, Dell abandoned its plan to supply its computers to large retailers such as Walmart. From 1996, customers could order computers via Dell’s website.

After acquiring ConvergeNet Technologies in 1999, Dell became the largest PC manufacturer in the world. However, after the merger of Compaq with Hewlett-Packard, Dell temporarily lost its top spot. Dell quickly regained its position as the world’s leading PC manufacturer. By the end of the 1990s, Dell was known as the supplier of the most reliable computers with good service.

Dell changes its name

In 2002, Dell decided to produce other electronics in addition to PCs. In 1983, the company changed its name to Dell Inc. This company also produced portable computers, printers, and televisions.

The downturn of Dell

In 2006, Dell’s revenue was much lower than in 2005 due to market saturation. Additionally, Dell’s computers were pricier than those of competitor Hewlett-Packard. Furthermore, Dell computers were not yet sold in stores, while many consumers wanted to see a computer or laptop before making a purchase. Due to the company’s growth, customer service had deteriorated. Dissatisfied customers formed an online community.

All of these negative factors led Dell to lose its position as the world’s largest computer manufacturer in 2006.

Dell follows a new strategy

In 2007, Dell came up with a new strategy. Dell improved its customer service immediately and began selling various new products. For example, starting in 2008, Dell sold software, system management, and technology.

These steps helped Dell Inc. regain a high position within the Fortune 500 list. Currently, after Hewlett-Packard and Lenovo, Dell is the third-largest computer manufacturer in the world.

Should you buy Dell stocks?

There is no objective answer to the question of whether you should buy Dell shares. The attractiveness of investing in Dell stocks depends heavily on your personal financial goals and risk tolerance. In any case, take the time to compare Dell with the competition. This allows you to determine how Dell performs in relation to similar companies. Furthermore, delve into the company’s financial data to determine how Dell performs. Finally, take the time to research Dell’s future plans.

Only after doing enough research can you determine whether to buy Dell shares.

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Auteur

Alex Mostert Avatar
Over Alex Mostert

When I was 16, I secretly bought my first stock. Since that ‘proud moment’ I have been managing trading.info for over 10 years. It is my goal to educate people about financial freedom. After my studies business administration and psychology, I decided to put all my time in developing this website. Since I love to travel, I work from all over the world. Click here to read more about trading.info! Don’t hesitate to leave a comment under this article.

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