Dell ranks among the best on buybacks and low stock-based compensation, with strong expansion in both profit margin and revenue. x.com 

Dell is still cheap after its earnings jump, growing cash at an insane rate on a low multiple. Q1 EPS rose 280%, and on Q1 earnings of $3.44 billion, with revenue tracking $167 billion for 2027, it trades at about 21x even after a 40% one-day gain. Only about half its shares float, making the effective P/E about 10.5. Share count has fallen about 4.7% a year, record free cash flow comes with a mandate to return 80% to shareholders, and the AI business is growing 760% a year. x.com 

Dell is heavily overearning heading into a two-sigma melt-up, leaving the stock exposed to a reversal. x.com 

Dell has broken through $500 and now targets all-time highs. x.com 

Dell should easily trade above $500 after a very strong Q2 FY27 report. Revenue rose about 58% to roughly $47B, AI server backlog hit a record of about $95B, FY27 revenue guidance rose by about $25B, and management now expects AI server revenue to triple this year rather than double. That the stock sat at morning lows after such results says a lot about the current state of the AI trade. x.com  x.com 

Dell looks overvalued, trading about seven turns above its historical multiple range and at a premium to many AI semiconductor bottleneck names despite not providing a bottleneck solution. Michael Dell spiking the ball on the latest quarter might mark the top. x.com 

Dell's AI server demand looks durable enough to push the stock to new all-time highs. First-quarter revenue rose 88% to $43.8B against a $35.5B estimate, with AI server revenue of $16.1B. FY27 guidance calls for $165-169B of revenue and $60B of AI server revenue, and management said demand will last through year-end without pull-forward from the second half. Estimates should rise sharply, and 7.2% short interest adds fuel. At 27x 2027 earnings Dell is no longer cheap. x.com  x.com 

Dell should benefit from AI data-center construction because builders say almost every new facility runs on Dell or Super Micro servers. Sales rose 49% in the past year to $151B; Dell is 18% below its high and is an easy double from here. x.com 

Dell is still a hardware company with low pricing power and only an 18% margin profile, which the FOMO chasers now piling in overlook. The stock may still go higher. x.com 

Dell is breaking out on incredible quarterly and yearly growth, no longer the PC company it once was. The next stop is $600. x.com  x.com