PC Companies Lag Rally
The markets’ broad rally has left some sectors behind, most notably the PC and PC-related hardware companies. The death of the platform, which has become broadly accepted by Wall St., has not been changed by the Fed’s effort to turn the…
Dell Inc.’s (NASDAQ: DELL) stock price has hovered near $10.60 for the past five days. That number is barely above its 52-week low. Advanced Micro Device Inc.’s (NYSE: AMD) shares rallied a bit, but also stand near a 52-week low. The same is true for Hewlett-Packard Co. (NYSE: HPQ). The market believes more in the prospects of firms that sell more enterprise software. International Business Machines Corp.’s (NYSE: IBM) shares are near a 52-week high, as are Oracle Corp.’s (NASDAQ: ORCL) and EMC Corp.’s (NYSE: EMC).
Among the PC firms, the smartphone continues to claim another set of victims.
Douglas A. McIntyre
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Trey has been an editor and author at 24/7 Wall St. for more than a decade, where he has published thousands of articles analyzing corporate earnings, dividend stocks, short interest, insider buying, private equity, and market trends. His comprehensive coverage spans the full spectrum of financial markets, from blue-chip stalwarts to emerging growth companies.
Beyond 24/7 Wall St., Trey has created and edited financial content for Benzinga and AOL's BloggingStocks, contributing additional hundreds of articles to the investment community.
Trey's editorial expertise extends across multiple publishing environments. He served as production editor at Dearborn Financial Publishing and development editor at Kaplan, where he helped shape financial education materials. Earlier in his career, he worked as a writer-producer at SVE. His freelance editing portfolio includes work for prestigious clients such as Sage Publications, Rand McNally, the Institute for Supply Management, the American Library Association, Eggplant Literary Productions, and Spiegel.
Outside of financial journalism, Trey writes fiction and has been an active member of the writing community for years, moderating workshop sessions at regional conventions.
