- Donald Trump’s words of gratitude The Dell family’s comments and advice to buy Dell stock have proven profitable for investors.
- By purchasing shares on May 8 for $1000 and selling them on May 28, the investor earned an additional $217.
As it turned out by the morning of May 29, acceptance speech US President Donald Trump’s pitch to the Dell family for their contributions, which essentially took the form of a “go buy Dell” recommendation, suddenly became lucrative investment advice.
Following Trump’s remarks on May 8, Dell shares shut down at $260,45. By the close of the main trading session on May 27, their price had risen by 21,73% to $317,05, and in the subsequent over-the-counter session, they soared by 38,20% to $438,16.
Perplexity Data
Thus, if an investor had taken Trump’s words as investment advice and purchased $1000 worth of shares, the stock’s value would have risen to $1217 by the close of trading on Thursday, May 28. By the morning of May 29, the profit would have been even greater, reaching $1682.
The main driver of Dell’s recent stock rally has been positive income statement, in which the company exceeded analysts’ expectations and also made optimistic forecasts thanks to the conclusion of a major government contract.
The tech company reported fiscal first-quarter revenue of $43,84 billion, significantly exceeding the $35,43 billion forecast, while earnings per share reached $4,86 (the consensus estimate was a more modest $2,94).
Additionally, the most significant component of sales was AI servers, which drove 757% growth to over $16 billion.
The forecasts are also impressive: Dell raised its fiscal 2027 revenue forecast to $165–$169 billion and earnings per share to $17,90. The previous analyst consensus was $142,5 billion and earnings per share to $13,09.
Additionally, on May 28, Dell received support from the Department of Defense in the form of a $9,7 billion contract.
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