Dell Shares Leap Higher
By: Leon Castles
on Wednesday, December 12, 2012
Austin based Dell Inc has made an announcement that they have seen their shares leaping higher than expected on Monday after an analysts from Goldman Sachs upgraded the stock and said that the company has better opportunities to grow in the future as they are planning to diversify their products and services in the future. The company said that they believe that they will be able to get more options in the market gradually when they launch more products and services in the future. Soon after the analysts upgraded the stocks the shares went up by 7% at $10.30 which is for the first time that Dell shares have gone such high after September 2012.
The analysts said that the $11 billion computer company is trying to make things possible in the future. Dell said that they are working on how they can bring out better smartphone technology and tablets to the market for the consumers. Dell has also announced that they have plans to go for capital injection in various companies like Sharp that can allow them to provide better display technologies in the future. Dell said that they believe that this low situation will fade away soon as they will get back in the market with better products.