Summary Dell offers a GARP opportunity: strong AI server growth is leading to an acceleration in the company’s CAGR while the rest of the business remains reasonably stable. AI servers are now Dell’s key growth engine, with bookings and backlog surging, yet management’s guidance remains highly conservative, creating upside potential. Legacy businesses (PCs, storage, networking)…
We made a change in the Income/Stability portfolio this morning. We eliminated the Cisco position. We eliminated the position because we wanted to buy more Dell, and didn’t want to increase the margin balance in this portfolio. There hasn’t been much in the way of news regarding Cisco. The shares have edged up by almost…
We were able to add another 100 shares of Rubrik to the high growth portfolio. Rubrik shares are down this morning and they were down yesterday. They are 15% lower than where they were when they announced their convertible offering. We bought 100 shares at $88.81. This took the position to 1600 shares and the…
Summary The best strategy to invest in the AI revolution is to focus on the pick and shovel vendors in the space. These companies serve as toll takers on the road to the deployment of AI based applications. AI needs lots of storage and thus we recommend shares of Pure. AI needs unified storage/compute and…