Is This Big Winner Of The 1990s About To Surge Again?

Dell Technologies (DVMT) saw its IBD SmartSelect Composite Rating jump to 96 Thursday, up from 94 the day before.

The new score means the company is now outperforming 96% of all stocks in terms of the most important fundamental and technical stock-picking criteria. The best stocks tend to have a 95 or better grade as they launch a significant move.

Dell Technologies is currently forming a flat base, with a 65.88 buy point. Look for the stock to break out in volume at least 40% higher than normal.

The stock has an 80 EPS Rating, which means its recent quarterly and longer-term annual earnings growth is outpacing 80% of all stocks.

Its Accumulation/Distribution Rating of B shows moderate buying by institutional investors over the last 13 weeks.

The company, which made a huge run during the dotcom days of the 1990s and re-emerged on the public markets with a 2016 IPO, has delivered triple-digit EPS growth in three of the last four quarters. Revenue growth for Q4 climbed 58%, up from 28% in the prior report. The company has now posted increasing revenue gains in each of the last five reports.

Dell Technologies earns the No. 2 rank among its peers in the Computer-Hardware/Peripherals industry group. Kornit Digital (KRNT) is the No. 1-ranked stock within the group.

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