Dell Technologies Stock Still Looks Cheap to Analysts

Dell Technologies (DELL) stock remains below analysts' price targets. This is despite the company posting lower free cash flow and FCF margins last quarter. As a result, DELL stock has been treading water, making it attractive as a short-put play.

DELL is at $117.44 in midday trading on Monday, Sept. 30. This is higher than $111.46 when I wrote my Sept. 3 article, “Dell Technologies Inc. Disappoints - But DELL Stock Could Still Be a Bargain.”