Connect with us

Hi, what are you looking for?

Stock

Dell vs. Logitech: Which Computer Hardware Stock is a Better Buy?

Stock Markets46 minutes ago (Jun 02, 2021 05:31PM ET)

(C) Reuters. Dell vs. Logitech: Which Computer Hardware Stock is a Better Buy?

Most computer hardware companies are expected to thrive this year and beyond as the digital era demands more advanced computing systems to utilize evolving technologies. Two major players in this industry–Dell (DELL) and Logitech (NASDAQ:LOGI)–have been expanding their product portfolios to boost sales. But which of these two stocks is a better buy now? Let’s find out.Dell Technologies Inc. (NYSE:DELL) and Logitech International S.A. (LOGI) are two popular players in the computer hardware industry. DELL’s products include desktop personal computers, notebooks and tablets, and peripherals, such as monitors, printers and projectors. It operates through two segments: its Infrastructure Solutions Group, and its Client Solutions Group. Headquartered in Lausanne, Switzerland, LOGI is known for offerings such as a wireless mouse and corded and cordless keyboards. It also offers a range of gaming gear, such as headsets, gamepads and steering wheels.

While the broader technology industry has been witnessing a slump lately, with investors shifting focus to cyclical stocks amid the economic recovery and avoiding expensive tech stocks on concerns over rising inflation, the rising demand for technology products and services should help the industry recover quickly. The demand for computer hardware is expected to increase in the coming quarters. That’s because the increasing use of advanced technologies, such as the internet of things (IoT) and artificial intelligence (AI), will require advanced computer hardware. According to the Business Research Company, the global hardware market is expected to grow at a 6% CAGR over the next four years. So, we think both DELL and LOGI should benefit from the industry tailwinds.

While LOGI has gained 115.1% over the past year, DELL has returned 108.3%. However, in terms of year-to-date performance, DELL is a clear winner with 40.3% returns versus LOGI’s 31.3%. But which of these two stocks is a better pick now? Let’s find out.

Continue reading on StockNews

Dell vs. Logitech: Which Computer Hardware Stock is a Better Buy?

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

World News

Insomnia is the most common sleep disorder in the global population. Therefore, it is a problem that many people suffer or have suffered...

World News

George Soros and Bill Gates are part of a consortium acquiring a British developer of rapid-testing technology, including for Covid-19 and tropical diseases,...

Tech

If you parked your car in one of the thousands of parking spots across Calgary, there’s a good chance you paid the Calgary Parking...

Investing

ForexMay 27, 2021 02:04AM ET (C) Reuters. By Peter Nurse Investing.com — The dollar edged higher in early European trade Thursday, finding support from...

Disclaimer: Yourmorningvoice.com it's managers and its employees (collectively "The Company") do not make any guarantee or warranty about what is advertised or above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. Copyright © 2021 Your Morning Voice. All Rights Reserved