We Discuss 3 Popular Tech Stocks Currently Trading At A Discount, Plus Price Targets For Each Company
All companies were identified using the Simple Investing Success stock screener, which scans for companies meeting our simple criteria of cheap and good, using simple metrics for discount and valuation.
3 Popular Tech Stocks to Trading At A Bargain
Let’s take a closer look at each company.
Dell Technologies (DELL)
- Earnings Yield: 12.72%
- 52-week range: $32.39 – $58.25
- Analyst Price target: $63.77
- Price/Free Cash Flow: 3.92
- Price/Sales: 0.45
- Price/Earnings: 11.59
Dell Technologies develops and supports information technology solutions and services worldwide. It operates through three segments: Infrastructure Solutions Group (ISG), Client Solutions Group (CSG), and VMware.
The company also provides information security, cloud software and infrastructure-as-a-service solutions that allows customers to migrate and manage mission-critical applications in cloud-based IT environments. Dell also has a collaboration with Owl Cyber Defense Solutions, LLC.
The company was formerly known as Denali Holding Inc. and changed its name to Dell Technologies Inc. in August 2016. Dell Technologies was founded in 1984 and is headquartered in Round Rock, Texas.
The current CEO is Michael Dell.
The YTD performance for DELL is 51.05%.
HP Inc. (HPQ)
- Earnings Yield: 17.48%
- 52-week range: $18.69 – $36.00
- Analyst Price target: $40.61
- Price/Free Cash Flow: 9.09
- Price/Sales: 0.79
- Price/Earnings: 9.84
HP Inc. provides personal computing and other access devices, imaging and printing products and services in the US and internationally. The company operates through three segments: Personal Systems, Printing, and Corporate Investments.
The Personal Systems segment offers commercial and consumer desktop and notebook personal computers and services. The Printing segment provides consumer and commercial printer hardware, supplies, solutions, and services, as well as scanning devices. The Corporate Investments segment includes HP Labs and business incubation projects.
HP Inc. serves individual consumers, small- and medium-sized businesses, and large enterprises, including customers in the government, health, and education sectors.
The company was formerly known as Hewlett-Packard Company and changed its name to HP Inc. in October 2015. HP Inc. was founded in 1939 and is headquartered in Palo Alto, California.
The current CEO is Enrique Lores.
The YTD performance for HPQ is 29.20%.
Intel Corp. (INTC)
- Earnings Yield: 16.97%
- 52-week range: $44.55 – $68.49
- Analyst Price target: $64.28
- Price/Free Cash Flow: 5.46
- Price/Sales: 2.78
- Price/Earnings: 9.93
Intel Corporation designs, manufactures, and sells technologies for the cloud and connected devices for retail, industrial, and consumer uses worldwide. Intel offers platform products, such as central processing units and chipsets, and system-on-chip and multichip packages, in addition to non-platform or adjacent products comprising accelerators, boards and systems, connectivity products, and memory and storage products.
The company was founded in 1968 and is headquartered in Santa Clara, California. The current CEO is Patrick Gelsinger.
The YTD performance for INTC is 2.77%.
We hope you enjoyed this list of the bargain Tech stocks. Be sure to add these companies to your Watch List and if you haven’t done so already, check in on the performance of our Current Portfolio. Keep it simple and always do your due diligence.
This material is provided for informational purposes only and is not financial advice. The information contained herein should not solely be used for the formation of an investment decision, whether you are a long term or short term investor.