Micron expects single-digit growth in the PC market in 2024. EPS for the profiteer DELL should rise over the following years - P/E ratio of 10.5!

Micron has commented positively on the PC market and expects slight growth in 2024. This means that Dell's core business could finally pick up! Dell is a tech value stock with a P/E ratio of 10.5. If PC demand expands again and the AI server boom continues, the P/E ratio should increase significantly! Dell (DELL) shares should now be ready to break out to a new 52-week high and enter a phase of multiple expansion. I quote from Micron's conference call yesterday: "For PCs, we forecast unit growth in the low to mid single-digit percentage...