Dell stock up 80% after Trump's 'go buy a Dell' call,…

Dell's stock has surged 80% since May 8th, when President Trump publicly told people to "go out and buy a Dell" — a rare instance of a sitting president explicitly naming a single publicly traded company as a buy. The rally has added roughly $120 billion in market capitalisation, according to The Kobeissi Letter.

The move puts a spotlight on how directly political commentary can move equity markets, particularly when the source commands a massive retail audience. Whether the underlying business fundamentals justify the new valuation level remains an open question for investors watching the stock from here.