Dell Stock Looks Like A Bargain Compared To Apple

Dell Stock Looks Like A Bargain Compared To Apple

SHENZHEN, GUANGDONG, CHINA - 2019/10/06: American multinational computer technology company, Dell ... [+] store and logo seen in Shenzhen. (Photo by Alex Tai/SOPA Images/LightRocket via Getty Images)



SOPA Images/LightRocket via Getty Images

Dell Technologies (NYSE: DELL), a provider of computing products and storage solutions, trades at just about 0.6x trailing Revenues, compared to Apple (NASDAQ: AAPL) which trades at 7.5x trailing Revenue. Does this make sense? While Dell is one of the dominant players in the enterprise IT and cloud space, the company's valuation is depressed considering its high debt, exposure to relatively commoditized and highly competitive markets, and a relatively complex corporate structure following years of deal-making that included a delisting, a large acquisition, and a re-listing. Apple, on the other hand, has