Dell (DELL) Third Quarter Earnings Preview
Posted: Wednesday, November 18, 2009 12:58 PM EDT
By: Market Intelligence Center Staff
Dell (NasdaqNM: DELL) opened at $16.05. So far today, the stock has hit a low of $15.82 and a high of $16.10. DELL is now trading at $15.88, down $0.08 (-0.47%). The stock hit its 52-Week high of $17.26 in August and set its 52-Week low of $7.84 in February. Dell is trading slightly lower ahead of tomorrow's earnings report. The company will be reporting its third quarter earnings following the market close, and analysts are expecting the company to show earnings of 28 cents per share. For the same period last year the company posted 47 cents per share for the same period. Technical indicators for the stock are neutral and S&P gives DELL a neutral 3 STARS (out of 5) hold ranking. If you are looking for a hedged play on DELL the stock seems like it could be a candidate for a January out-of-the-money bull-put credit spread below the 13 range. [ABR-Seven Summits Strategic Investments NewsBite]
CLICK HERE: FREE Dell (DELL) Stock ReportSee what our analysts have uncovered about Dell (DELL).
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