Cole
Momentum Stock & Options Trading, Public Trading Journal
Computer hardware stocks are regaining momentum. Dell broke straight through the 500 ceiling to a new all-time high, with 585 as the next target, as whales load November-to-January 700 calls. HPE bounced off its lows back above the key 50 level on large dark-pool buying and could ride to 64, then break its all-time high toward 70 and 81 this year. x.com x.comÂ
Super Micro's outlook shows computer hardware stocks are back: it expects $65-72B of revenue over the next year, well above the $53.1B expected, after revenue grew 93%+ and EPS beat by more than 77%. The melt-up should eventually carry HPE, Dell and Arm too, with targets of $500 for Dell, $60 for HPE and $250 for Arm. x.com x.com x.comÂ
Hewlett Packard Enterprise should get dual boosts from ANT and NVIDIA data-center buildouts. It has the lowest PEG and strongest year-over-year growth in the communications space. It is time to buy again, with the low 80s as the target. x.comÂ
Dell has room to run to $800 next after its climb from the $450s to $600, backed by heavy options buying. Someone has bet over $4 million in one of the most aggressive options buy executions seen. x.comÂ
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.comÂ
Hewlett Packard Enterprise deserves a higher stock price, even though its growth is not near Dell's. Per @Brian14168136, the stock is still very cheap and would be about $100 at Dell's multiple. x.comÂ
Super Micro's improved expected gross margin kills the bear case, while quarterly revenue near its market cap makes the stock a once-in-a-lifetime opportunity. It expects first-quarter gross margin of 12%-12.5% versus 10.4%-10.8% guidance and revenue of $18.5B-$19.5B versus $14.5B-$15.5B guidance, against a roughly $21B market cap. Shares should return to all-time highs and, on a Grok-assisted comparison with Dell and HPE, easily top $100; once they break $50, the move to $100 could be fast. … Show more
Dell's jump to about $470 on earnings may not hold, because system integrator and hardware vendor margins are notoriously fickle. A fall back to the normal trendline around $300-350 would not be surprising. x.comÂ
Dell can run to $600 as heavy call buying and support from Trump meet a tightening chart. @FL0WG0D flags $18.4 million into Dell $500 calls, and volume is drying up while the stock consolidates in a symmetrical triangle. x.com x.comÂ
Dell and HPE are two of the strongest hardware names after Super Micro lit a fire under the group. Both look strong, but HPE has the better growth-to-EPS valuation, and its chart is at the apex of its pattern. x.comÂ
Dell still looks expensive at about 20x FY28 estimated EPS, since the expected AI server guidance raise to about $75bn is already priced in; the rating stays Hold. Fiscal Q2 looks soft, with revenue estimated at $42.2bn versus a $44.5bn guidance midpoint and EPS of $4.70 versus $4.84 consensus. NVL72 shipment estimates are cut, enterprise and PC demand show early cooling, and Hon Hai is winning more SpaceX Rubin orders. Tier-2 neocloud buildouts and Vera CPU racks are positives. x.comÂ
Dell has broken through $500 and now targets all-time highs. x.comÂ
